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 of Oscillator Divergence Indicator: –

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.