Awesome Oscillator Divergence Indicator

Awesome Oscillator Divergence Indicator: –

The Awesome oscillator divergence indicator is an indicator used to plot divergence signals that appear in the market trend and it is also used to detect buy and sell signals and plots with the help of arrows on indicator chart.

Awesome oscillator divergence indicator is an oscillator in nature. This indicator gives a blue line whenever it detects the divergence on the indicator chart. It gives the entry signals based on the divergence in the market trend.

Awesome oscillator divergence indicator Explain:

This indicator was developed by Late Bill Williams (a stock trader).  This indicator identifies the divergence in buy and sells signals and price actions.

It is very hard to identify the divergence in the market trend, but this indicator can help to find accurate divergence in the market trend.it gives accurate and profitable signals.

It has the highest possibility to win a profitable trade. When a red signal appears on the indicator chart it means that the price movements are high and when a yellow signal appears it means the low price movements on the indicator chart.

CHARACTERISTICS: –

There are different characteristics of this indicator. Some of them are mentioned here.  This indicator is available for Meta trader platform. It can be used with all the currency pairs.

It uses all the trading sessions (European time session, London time session, and New York time session).  It can use all the timeframes but the best time frames for this indicator are M5 and H1. The most recommended brokers for this indicator are Alpari, Forex4you, and RoboForex.

INDICATOR VALUES: –

  • Extremes as points Divergence in segments
  • The support/resistance for passing through extremes.
  • Channels as rays.

PARAMETERS:-

  1. Accelerator
  2. Accumulation/Distribution
  3. Average Directional Movement Index
  4. Average True Range
  5. Awesome oscillator
  6. Bears Power
  7. Bulls Power
  8. Commodity Channel Index
  9. DeMarker
  10. Force Index
  11. Momentum
  12. Money Flow Index
  13. Moving Averages Convergence/Divergence
  14. Moving Average of Oscillator
  15. On Balance Volume
  16. Relative Vigor Index
  17. Standard Deviation
  18. Stochastic Oscillator
  19. Volume
  20. Close
  21. Open
  22. High
  23. Low
  24. (H+L)/2
  25. (H+L+C)/3
  26. (H+L+C+C)/4
  27. (O+C+H+L)/4
  28. (O+C)/2
  29. Relative Strength Index
  30. Larry Williams’ Percent Range
  31. Relative Strength Index
  32. Oscillation
  33. TH
  34. TL
  35. converges
  36. Complicit
  37. BackSteph
  38. BackStepl
  39. BackStep
  40. Q Steps
  41. LevDPl
  42. LevDPr
  43. Period
  44. Mamethod
  45. Mashift
  46. Appliedprice
  47. Mode
  48. Fastemaperiod
  49. Slowemaperiod
  50. Signalperiod
  51. Kperiod
  52. Dperiod
  53. Slowing
  54. Pricefield
  55. ShowBars
  56. TrendDown
  57. TrendUp
  58. TrendLine
  59. HandyColour
  60. Highline
  61. Lowline
  62. ChannelLine
  63. Trend  
  64. Channel=false 
  65. Regression=true 
  66. RayH
  67. ChannelH
  68. ChannelL
  69. STDwidthH
  70. STDwidthL
  71. Comment
  72. code=159 
  73. BuyStop
  74. SellLimit

USES of Awesome oscillator divergence indicator: –

The awesome oscillator divergence indicator is an indicator used to detect the divergence in the market trend. It is also used to detect the buy and sell signals in the market trend. It is one of the best divergence indicators. This indicator is applicable for all the traders.

Uses of  Awesome oscillator divergence indicator:

Platform: Metatrader4
Currency pairs: All
EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, NZDUSD, USDCAD,EURJPY, EURCHF, EURGBP, EURAUD, EURNZD, EURCAD,GBPJPY, GBPCHF, GBPAUD, GBPNZD, GBPCAD AUDCAD, AUDNZD, AUDJPY, CHFJPY, NZDJPY, CADJPY, CADCHF, NZDCHF

Trading Time: 24 Hours

Timeframe: M5 Awesome oscillator divergence indicator

Chart: mt4

Recommended broker: All trusted brokers

Remember, Before use Awesome oscillator divergence indicator you can test on Demo account. When you will expert then you will use in Real account of trading.

 

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