The Awesome Strategy: Trend Momentum & Strength

The Awesome Strategy: Trend Momentum & Strength

This strategy is designed to harness the full power of the Awesome Oscillator by combining it with two custom confirmation tools: Trend Strength and Trend Momentum. Aimed at the H4 timeframe, it filters out noise to provide clear, color-coded signals for major currency pairs.

1. Indicator Setup

You will need the standard Awesome Oscillator plus two custom indicators (Trend Strength & Trend Momentum) set up as follows:

• Awesome Oscillator (AO): Standard settings.
• Trend Strength: Must show a level at 16.
• Trend Momentum: Must show a level at 16.

2. Long Entry (Buy) Rules

Enter a Buy trade when all indicators turn BLUE:

1. AO: The histogram bars are Blue.
2. Trend Strength: The bars are Blue.
3. Trend Momentum: The bars are Blue AND positioned above the level 16.

3. Short Entry (Sell) Rules

Enter a Sell trade when all indicators turn RED:

1. AO: The histogram bars are Red.
2. Trend Strength: The bars are Red.
3. Trend Momentum: The bars are Red AND positioned above the level 16.