at a chart example to see the cross of the 0 line in action. AO Chart, because of its oscillators nature, AO shows values fluctuating between positive and negative values or above and below a Zero Line. Popular lessons IN THE course: Awesome Day Trading Strategies.
Due to the number of potential saucer signals and the lack of context to the bigger trend, I am giving the saucer strategy. Awesome Oscillator Formula, to my earlier point, if you have a basic understanding of math, you can sort out the awesome oscillator equation. Divergence happens on a chart when the price and its relevant indicator are moving in opposite directions. Convergence appears on a chart when the price and its relevant indicator are moving in the same directions. # 2 AO Saucer Strategy, aO Saucer Strategy defines rapid changes in momentum. Now if you are day trading and using a lot of leverage, it goes without saying how much this one trade could hurt your bottom line. This is the simplest AO Trading Strategy: Buy when AO crosses above the Zero Line. If you use this strategy as it is, you may get quite a number of good entries if you catch a current trend. When all the trading world waits for AO to cross its zero line as a signal of reversal, this pattern allows to jump in early in order to multiply your gains and reduce risks. Thank you for reading! Well like most indicators - not well.
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