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Awesome Oscillator and momentum

Beginner·6 min read·Premium lesson

The Awesome Oscillator (AO) is the 5-period average of the candle midpoint minus the 34-period average, drawn as a histogram. Green bars mean momentum is rising, red bars mean it is falling. Above zero is bullish momentum, below zero bearish.

The full lesson covers the three classic AO signals and how Rate of Change (ROC) confirms them.

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The rest of this lesson includes the exact rules, diagrams, live chart examples, a checklist and a practice drill. Premium members get all 101 lessons.

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