How to use the Awesome Indicator?

Description

This technical indicator was created by technical analyst Bill Williams, one of the most famous American financial analysts of the second half of the 20th century. The awesome oscillator is a momentum indicator that provides insight into how strong or how weak a stock is performing. This is done by comparing the recent market momentum with the more general momentum over a longer period in the past. This confirms existing trends or can be used to anticipate changes in trends.