Awesome Oscillator is a momentum oscillator Indicator used to determine the momentum of a market. This indicator determines the difference between the Length 1 (which is usually Simple Moving Average at 5 data points) and Length 2 (which is usually Simple Moving Average at 34 data points). This difference is what determines the value[s] of the Awesome Oscillator. Buy trade signals are generated when the oscillator moves below 0, while sell trade signals are generated when the oscillator moves above 0.
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