Trade Awesome Oscillator Divergences!

Hello,
i have spend many times in this forum and this is my first thread about my favorite strategy at the moment. i use the Awesome Oscillator Divergences with double tops and double buttoms or dips at the pivotpoints. for a example i have attached a GBPJPY 5 min chart.

This Strategy works on all timeframes and the most Currencys.

Sorry for my english iám from german and my english are not so good.

Thanks for attention and posts in the future!

Orbito










http://scriptinstall.de/chart/5min.gif

There are many wrong signals with divergences especially on short TF ( ie 5 mn ) because the signal appears after the formation of the next candle.
Your chart is very pleasant but in reality it's very difficult to trade only with divergences on 5 mn (maybe scalping).
However it's a decision-making aid on bigger TF ( 30 mn and 1 h )
http://www.forexfactory.com/showthread.php?t=44416
What are the settings of your oscillator ?

orbito, i have never used the Awesome oscillator but do use RSI in exactly the same way

Thanks for sharing - I'm interested in exploring oscillator divergence strategies - I'll check it out!

the 5min TF is a example. i user sometimes 30 min or 1H

a automated strategy was interessted but iám not a programmer and i have not idea how can make this to automation strategy

Hey Orbito, you said u use divergence and pivot points. there is no pivot points on the screenshot you attached. Where do you get pivot points? do u use pivot indicator? there are lots of pivot indicators and many of them give different pivot points. So i wonder where do people get true pivot points.

hey orbito, what are the results of your strategy so far? do you profit from this strategy?

if not Orbito, then any other person, does anyone have a suggestion what pivot points to use with this strategy? daily, 4h, or 1h pivot points? just divergence alone is not as strong as together with pivot points I think.