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Smart Awesome Volume

The Smart Awesome Volume technical indicator designs for measure market momentum combining with candle Volume data to avoid false signals. This is where “volume confirms price” comes in. Using this awesome indicator can easily identify at the same time market momentum and bull bear battle in the candle. That volume data also filtered by an average to get a more accurate signal. If you are serious about quick market movements, then you will never miss any of valuable trading events again and again with its fast alert system. 


3 Ways to Improve a Strategy Using Real Volume Information.

  • Using buyers and sellers volume to confirm breakouts
  • Using buyers and sellers volume to confirm trend
  • Using buyers and sellers volume to identify reversal


Saucer Strategy 

  • Buy Entry:
    • Awesome Oscillator is above the zero line
    • There are two consecutive red histograms
    • The second red histogram is shorter than the first
    • The third histogram is green
    • A trader buys the fourth candlestick on the open
  • Sell Entry:
    • Awesome Oscillator is below the zero line
    • There are two consecutive green histograms
    • The second green histogram is shorter than the first
    • The third histogram is red
    • Trader shorts the fourth candlestick on the open


Zero Line Crossing Strategy 

  • Buy Entry:
    • The first column is to be below the zero line
    • The second one is to cross it 
  • Sell Entry:
    • The first column is to be above the zero line
    • The second one is to cross it

Features

  • Suitable for every time frame and symbol
  • Support for most popular two trading strategies 
  • Easy parameters
  • Fast popup and mobile notification system
  • Easy to identify Trend, Reversal and Retracements by different colors


Parameters

    • Awesome Signal Filters
      • Zero Line Filter - Activate/ Deactivate additional filter for all alerts
    • Volume Signal Filters
      • Bull Bear Percentage - Percentage for identify stronger bull/bear candles
      • Volume Breakout Level - The volume breakout threshold
      • Period - Averaging period for calculation
      • Alert Filters
        • Alert Types
          • Mobile Alert - Activate/ Deactivate, mobile notifications
          • Popup Alert - Activate/ Deactivate pop up message alerts
        • Alert Filters
          • Color Change - Activate/ Deactivate color change alerts
          • Zero Line Cross - Activate/ Deactivate zero line cross alerts
          • Saucer - Activate/ Deactivate saucer alerts
          • Volume Alert -  Activate/ Deactivate volume changes (Bull Bear percentage)
          • Strong Alert - Activate/ Deactivate (Awesome + Volume) changes 
      • Graphic Parameters
        • Buy Arrow - Character for buy signals (Wingdings)
        • Sell Arrow - Character for sell signals (Wingdings)
        • Arrow Size - Arrow size
        • Buy Arrow Color - Color for buy signals
        • Sell Arrow Color - Color for sell signals
        • Volume Arrow - Character for volume signals (Wingdings)



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        Version 1.2 2019.12.10
        1. Added "Saucer" signal.
        2. Changed input parameters.
        Version 1.1 2019.11.14
        1. Added new filter for awesome indicator (Zero Line Filter)
        2. Added mobile notification