Main photo Awesome Strategy

Awesome Strategy

  • By dzonefx

The purpose of this strategy is to demonstrate the power of Awesome indicator. For this strategy we   use two more indicators. Basically, they are needed to confirm the signals of the main indicator. The strategy can be used for all major currency pairs on the timeframe above 4H.

The indicators to be used:

  1. Awesome Oscillator;
  2. Trend Strength;
  3. Trend Momentum.

Conditions required for buy transactions (Fig.1):

  1. Awesome Oscillator  blue;
  2. Trend Strengthblue;
  3. Trend Momentum blue and above the level 16.


Requirements for closing buy transactions:

  1. 2 indicators change color to red;
  2. Stop Loss is at the distance of 50 points (for 4H).

Conditions required for sell transactions (Fig. 2):

  1. Awesome Oscillator red;
  2. Trend Strengthred;
  3. Trend Momentum red and above the level 16.

Fig. 2

Requirements for closing transactions:

  1. 2 indicators change color to blue;
  2. Stop Loss is at the distance of 50 points (for 4H).


Risk Warning: Trading on Forex and Binary Options carries a high level of risk and it is not suitable for all investors.There is always a possibility of losing some or all of your initial investment, so you should not invest money which you can't afford to lose.Eventhough we Forex Stock Exchange Forum,does not provide any investment advice you should be aware of the risks involved. Any opinions, news, research, analyzes, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.Forex Stock Exchange FORUM will not accept liability for any losses, which may arise directly or indirectly from use of information from our website.You trade at your own risk!

Recommended publications