The Awesome Oscillator is an indicator used to measure market momentum.

AO calculates the difference between a 34 Period and 5 Period Simple Moving Averages.

The Simple Moving Averages that are used are not calculated using closing price but rather each bar’s midpoints.

AO is generally used to affirm trends or to anticipate possible reversals.

To use the Awesome Oscillator, log in to Deriv’s DTrader and apply to the chart you want to analyse.

Log in to Deriv’s DTrader