Choose a financial instrument and a timeframe (e.g., daily, hourly). Open a chart for that instrument and apply the Awesome Oscillator indicator. The default settings usually work well, but you can adjust them if needed. 3. Analyzing Bullish Momentum ...
The formula used to create the Awesome Oscillator compares two moving averages, one that is short-term and one that is more long-term. The moving averages in this indicator are calculated by adding the highest price of the day to the lowest price and dividing by two to get the mid-point...