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Awesome Oscillator binary options strategy

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Awesome Oscillator is an excellent tool for trading binary options, which allows you to pre-define a trend reversal. Awesome Oscillator binary options strategy is used with all assets at all time intervals. Most often, Awesome Oscillator binary options strategy is used for 60 seconds options because, on the 1-minute chart, trends change often. Moreover, Awesome Oscillator helps not only to identify trend reversal but also to choose expiry time.

Awesome Oscillator is very similar to the MACD indicator and also provides signals of reversal, but the difference is that the indicator counts median prices instead of close prices.

This indicator is also called a magic oscillator. It is used to determine the relationship of the driving force of the market in the short term and the driving force in the long term. The indicator is also formed around a zero level, and it has fixed slip values.
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Trading with Awesome Oscillator binary options strategy

1. If the Awesome Oscillator is above zero and the histogram changed in the upward direction, i.e., the second of the last three columns is red and higher than the first and third column is green and higher than the second, it is a signal to buy a CALL option. This situation is a "Saucer.”
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2. If Awesome Oscillator indicator’s histogram is crossing the zero level upward, i.e., one column is below zero, and the second is above, it is a signal to buy a CALL option.
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3. If Awesome Oscillator forms the second local minimum, which is higher than the previous one, and both of them are located below the zero level, it’s signal to buy a CALL option. Formation of the third local minimum, which is higher than the second, confirms the signal to buy a CALL option.
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4. If the Awesome Oscillator is below zero, and the upward trend of the histogram becomes downward, i.e., the second of the three last columns is green but higher than the first, and the third column is red and lower than the second, it’s a signal to buy a PUT option.
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5. If Awesome Oscillator’s histogram is crossing the zero level from top to bottom, i.e., one column is above the zero level, and the second is below, it’s a signal to buy a PUT option.
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6. The appearance of the second local maximum in the histogram, which is lower than the previous and is also above the zero level, indicates you should buy a PUT option. The appearance of the third local maximum, which is lower than the second, confirms the signal.
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Awesome Oscillator can be used in conjunction with other indicators from Bill Williams, such as Acceleration/Deceleration (AD).
When using Awesome Oscillator binary options strategy, it’s necessary to check the signals with the trend because sometimes the signals can be false.