How to Find Suitable Trading Opportunities by using the Awesome Oscillator

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Assalam-o-Alaikum Steemians !

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I'm @moneyster, a professional level Cryptocurrency investor and an analyzer. As usual, today I thought to share another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community

What is this Awesome Oscillator Indicator?

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This Awesome Oscillator is a kind of Trading Indicator that we can use for Trading Cryptocurrencies very effectively in a Leading Crypto Market. So, this indicator works as an Oscillator which generates green and red Oscillations in a separate indicator panel.

If I discuss about the internal process of this Awesome Oscillator, we can easily use this Awesome Oscillator for identifying strength and weakness of any price assets in any suitable market conditions.

The Outer Appearance of this Awesome Oscillator looks similar to other famous Crypto indicators such as Oscillators. However, the uniqueness of this Awesome Oscillator is very high and it is very useful as compared to other Awesome Oscillators.

This Awesome Oscillator is a very useful indicator to identify the exact momentum of the current Trend. It means, we can use this Awesome Oscillator as a Momentum-based indicator to filter the Trend in any market condition.

The Awesome Oscillator automatically generates green oscillations when the Market condition tends to be bullish or in a bullish market. At the same time, this Awesome Oscillator generates red oscillations when the Market condition tends to be bearish or in a bearish market.

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What are the benefits of following the Awesome Oscillator Indicator in a chart?

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As I said above, the Awesome Oscillator is an awesome indicator for every Crypto Trader, especially who needs a smart indicator to get support for their Technical analysis. So, this Awesome Oscillator is doing a significant contribution to the Crypto field. If someone needs to filter the exact trend of the Market without using any other indicators, he can easily use this Awesome Oscillator to accomplish it very accurately. At the same time, we can use this Awesome Oscillator to exit from the market when red oscillations begin to appear.

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How to analyze our Crypto Charts Practically with the help of the Awesome Oscillator Indicator ?

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First of all, I will add this Awesome Oscillator indicator to my Crypto Chart using the TradingView platform. Then we can go to "Indicators" thought to tool panels and search " Awesome " in the giver search bar. Below I have included a screenshot to demonstrate adding the Divergence Indicator to our chart.

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Below I have demonstrated some good zones provided by this Awesome OscillatorIndicator. Here we can see good zones to buy our assets or take a buy entry when the Awesome Oscillator Indicator shows green oscillations. Same as previous entries, here a proper bullish candle should be traded to take our entry properly on time.

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In this way, we can easily use this Awesome OscillatorIndicator in the chart and take more accessible trading opportunities. However, we can try to combine this strategy with some other indicators to increase the winning percentage.

At the same time, as I said in my previous article, we should remember that all the indicators and strategies are not efficient completely as nothing we can find 100% efficient in the world. So, we should depend only on these strategies and indicators to confirm our trading opportunities.

I have studied the below-sourced articles to study these topics further, and I have explained all the above facts in my own words and experience.

• Source 1

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Thank you all....!