Discussion of article "Learn how to design a trading system by Awesome Oscillator"

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New article Learn how to design a trading system by Awesome Oscillator has been published:

In this new article in our series, we will learn about a new technical tool that may be useful in our trading and it is the Awesome Oscillator (AO) indicator. We will learn how to design a trading system by this indicator.

    Strategy one: AO Zero Crossover:

      According to this strategy, we need to create a trading system that can be able to generate signals of bullish or bearish based on continuously comparing two values and they are the current AO value and the zero level of AO indicator to determine the position of each value and decide the statue of the market. If the AO value is greater than the zero level, we need the trading system to generate a comment on the chart with the following values:

      • Bullish
      • AO Value is n

      In the other scenario, if the current AO value is lower than the zero level, we need the trading system to return a comment on the chart with the following values:

      • Bearish
      • AO Value is n

      The following is for the step-by-step of this trading system:

      Algorithmic-Trading-System-Blueprint1

      Author: Mohamed Abdelmaaboud