Trading Strategy
This is ideally a short-term strategy that employs three indicators:

This is ideally a short-term strategy that employs three indicators:
- Larger-Period Moving Average (50)
- Smaller-Period Moving Average (20)
- Awesome Oscillator
- On the chart of your selected instrument, click on ‘Studies” and select “Moving Average” on the drop-down menu; select 50 as the period for the first moving average and then repeat the same process and select 20 as the period for the second moving average.
- Click on “studies” and select “Awesome Oscillator” on the drop-down menu.
BUY SIGNAL
- The candlesticks prints are above the two moving averages
- The two moving averages will cross over at a swing low
- Volume bars (both green and red) will print above the zero axis of the awesome oscillator
SELL SIGNAL
- The candlesticks prints are below the two moving averages
- The two moving averages will cross over at a swing high
- Volume bars (both green and red) will print below the zero axis of the awesome oscillator
N.B: This a momentum-based strategy and would work best with relatively shorter-term time frames: the 4-Hour (H4) and the Hourly (H1) are viable options.
Traders are advised to always use a stop-loss!!
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