What is the awesome oscillator formula used in cryptocurrency trading?
Angshu BiswasJan 06, 2024 · 2 years ago3 answers
Can you explain the formula used in cryptocurrency trading for the awesome oscillator in detail?
3 answers
- Antonio PoncianoOct 23, 2025 · 2 months agoThe awesome oscillator is a technical indicator used in cryptocurrency trading to measure the market momentum. The formula for calculating the awesome oscillator is the simple moving average (SMA) of the median price over a short period (usually 5 bars) minus the SMA of the median price over a longer period (usually 34 bars). The resulting value is then plotted on a histogram, with positive values indicating bullish momentum and negative values indicating bearish momentum. This formula helps traders identify potential buying or selling opportunities based on changes in momentum.
- tanvirJun 08, 2021 · 5 years agoThe awesome oscillator formula in cryptocurrency trading is a bit complex, but I'll try to explain it in simple terms. It involves calculating the difference between the 5-day simple moving average (SMA) and the 34-day SMA of the median price. This difference is then plotted on a histogram, with positive values indicating bullish momentum and negative values indicating bearish momentum. Traders use this indicator to identify potential trend reversals and make informed trading decisions.
- Shedrack JosephOct 25, 2020 · 5 years agoIn cryptocurrency trading, the awesome oscillator formula is used to measure the market momentum. It is calculated by subtracting the 34-day simple moving average (SMA) of the median price from the 5-day SMA of the median price. The resulting value is then plotted on a histogram, which helps traders identify potential buying or selling opportunities. This formula is widely used by traders to analyze the market and make informed trading decisions.
Top Picks
- How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?1 4432313
- How to Withdraw Money from Binance to a Bank Account in the UAE?1 05863
- ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance0 04674
- Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 20250 24143
- The Best DeFi Yield Farming Aggregators: A Trader's Guide0 03500
- PooCoin App: Your Guide to DeFi Charting and Trading0 02846
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics