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
Three indicators combination and their purposes are:
1. The Awesome Oscillator determines the general direction of a
trending market with great
2. Trend Strength determines the strength of the current trend, as well as a
3. Trend Momentum helps determine when a trend has truly changed
These 3 indicators working together provide a very reliable entry
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.
Allow the trade to run until 2 indicators are showing a reverse
Use stop loss around 50-100 pips and do not risk more that 10% of your available
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
The trade went well in our favor direction, when two indicators showed reversal
– The Trend Momentum is Blue.
– The Trend Strength is Blue.
We exit out short position and took profit at 0.6535 (200