Awesome Oscillator SAUCER Price Action Pattern in Forex and Stock Market

This strategy is an advanced filtering technique designed to significantly enhance the accuracy of the conventional Awesome Oscillator strategies. By incorporating the RSI and a Moving Average, this approach helps traders identify signals that align with both the prevailing trend and the momentum of the market.

The idea is simple yet highly effective: when you enter the market based on a precise signal that aligns with the short-term trend and optimal momentum, your probability of achieving consistent winning trades increases dramatically.

• Download “ForexWOT-AwesomeOscillatorSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT-AwesomeOscillatorSystem.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT-AwesomeOscillatorSystem” trading system and strategy.
• You will see the “ForexWOT-AwesomeOscillatorSystem” is available on your Chart.

Let’s break down the specific trading rules for this strategy:

• Price above the EMA line: This indicates that the market trend is bullish, as prices consistently staying above the EMA suggest upward momentum.
• Awesome Oscillator BUY signal: This can come from any of the Awesome Oscillator strategies (Trendline Cross, Twin Peaks, Saucer, or another discussed method).
• RSI above 50 and trending upward: This confirms strong buying momentum and reinforces the validity of the bullish signal.

• Price below the EMA line: A bearish trend is established when the price stays below the EMA, signaling downward market pressure.
• Awesome Oscillator SELL signal: Again, tThis can come from any of the Awesome Oscillator strategies (Trendline Cross, Twin Peaks, Saucer, or another discussed method).
• RSI below 50 and trending downward: This indicates selling strength, validating the bearish setup.

By following these rules, you combine the strength of the Awesome Oscillator with additional layers of confirmation, significantly increasing the reliability of your trades.

This strategy not only provides a robust framework for trading but also offers the flexibility to adapt and refine it according to your personal trading style.

With this, you now have four powerful trading strategies based on the Awesome Oscillator, each offering unique insights and advantages. The best part? These strategies can be customized and expanded to suit your preferences.