EURUSD 1D AWESOME OSCILLATOR (AO) STRATEGY

Long Trade
AO below Zero Line
AO creates a Low
AO then creates a Higher Low
ENTER after AO bar closes Green

Short Trade
AO above Zero Line
AO creates High
AO then creates a Lower High
ENTER after AO bar closes Red

Stop Loss is 1.5 x ATR
Take Profit is 1 x ATR
1 - Trade Management
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st trade TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.