116# The Awesome Trading System
Awesome oscillator system
Submit by Timmy 12/03/2014
The Awesome Trading System is designed to use the power of the Awesome Oscillator by Bill William. It combined with other two customized indicators and generated very high accuracy entry signal. It performed well on long timeframe such as 4H and daily.
Three indicators combination and their purposes are:
1. The Awesome Oscillator determines the general direction of a trending market with great
accuracy.
2. Trend Strength determines the strength of the current trend, as well as a confirmation on
direction.
3. Trend Momentum helps determine when a trend has truly changed directions.
These 3 indicators working together provide a very reliable entry signal.
Long Entry Rule
1. The Awesome Oscillator is Blue.
2. The Trend Momentum is Blue.
3. The Trend Strength is Blue and above the 16 level.
Short Entry Rule
1. The Awesome Oscillator is Red.
2. The Trend Momentum is Red.
3. The Trend Strength is Red and above the 16 level.
Exit Strategy
Allow the trade to run until 2 indicators are showing a reverse signal.
Stop loss
Use stop loss around 50-100 pips and do not risk more that 10% of your available balance
Trade Example
Short Position
AUD/USD (4H time frame)
In this example, when
- The Awesome Oscillator is Red.
- The Trend Momentum is Red.
- The Trend Strength is Red and above the 16 level.
We entered short position at 0.6735. Here we used stop loss at 50 pips above the entry
point.
The trade went well in our favor direction, when two indicators showed reversal signal
- The Trend Momentum is Blue.
- The Trend Strength is Blue.
We exit out short position and took profit at 0.6535 (200 pips)
Long Position
EUR/USD (4 Hour Time Frame)
In this example, when
- The Awesome Oscillator is Blue.
- The Trend Momentum is Blue.
- The Trend Strength is Blue and above the 16 level.
We entered long position at 1.2365. Here we used stop loss at 50 pips below the entry point.
The trade went well in our favor direction, when two indicators showed reversal signal
- The Trend Momentum is Red.
- The Awesome Oscillator is Red.
We exit out long position and took profit at 1.2375 (370 pips)
Awesome oscillator trading
KISHOR (Thursday, 23 August 2018 13:01)
PLEASE ADD AN ALARM WHEN THIS 3 THINGS COMBINE HAPPENZ
hassan shahzad (Friday, 14 October 2016 11:37)
i dont know why people still searching for winnings...when they have 100 percent winning system like this....its an really Awesome system i ever came across...For eurusd...the combination is always winning...the only thing i do is "patience" , you will have much winning trading system if you really know where to enter and where to Put your Take profit...this site gave me so many winning system..such an awesome site...Cheers...