All about Awesome Oscillator & Variant

Awasome Oscillator Normalized Line MTF


Displays two LEDs Awasome Oscillator [AO] with different parameters in One window.

For each indicator, you can specify:

• Timeframe
• The period for calculating moving averages (see. The principle of the indicator)
• Display Mode - histogram or line

The indicator is normalized to a value of about zero points.

AO + MACD MTF Line Colored


It displays two AO and MACD indicator with different parameters in One window.

For each indicator, you can specify:

• Timeframe
• The period for calculating moving averages (see. Principle of the indicators)
• Display Mode - histogram or line

The Indicators are normalized to a value of about zero points.

masterpiece ! perfect to use in conjunction with a woody cci ou with AllAbsoluteStrength. thx for you post really !

Hi There,

Thanks for sharing...Its really nice indicator...before i test it, i wanted to ask you that does this repaint?

let me know

thanks

Sacred Chao - Signals from "Trading Chaos: 2nd Edition" - indicator for MetaTrader 5

The indicator shows:

• An Alligator (Jaws, Teeth, Lips);
• Bullish/Bearish Divergent Bars (1st Wise Man) that are closing completely below/above the Alligator (countertrend);
• Bullish/Bearish Super AO Signal (2nd Wise Man), 3 same colored bars on the Awesome Oscillator (momentum);
• Bullish/Bearish Fractals (3rd Wise Man) that are above/below the Teethline (trend);
• Angulation Lines from Price crosses/peaks the Alligator to 1st Wise Men;
• For Experts the Angulation is stored as deviation in Points per Bar in a buffer but not shown;
• Trailing Lines based on highest high/lowest low on the last x bars;
• For signals and trailing there is added an ATR value, modified by a factor

AO_Divergence - indicator for MetaTrader 5

The custom indicator AO_Divergence draws the AO indicator line in a separate window and displays found divergences in the indicator window and on the price chart.

Unlike the standard Awesome Oscillator, this indicator allows configuring the parameters of the fast and slow MAs.

Awesome Oscillator Trader - expert for MetaTrader 4

This EA uses a modified Awesome Oscillator (AO) indicator. A Buy signal is generated when a negative AO green bar appears after consecutive negative red bars. A Sell signal is generated when a positive AO red bar appears after consecutive positive green bars. Stochastics and Bollinger Bands are also used as trade entry filters. An open trade can be closed based on an AO bar color reversal. The red/green (up/down) indicator buffers and the fast/slow AO periods are accessed in the EA using the iCustom() function. AwesomeV2.mq4 should be placed in the Indicators folder. This EA uses the H4 EURUSD chart and is tested from Jan 2010 thru April 2019.

Here is a new article in our series about learning how to design a trading system based on the most popular technical indicators for beginners through learning the root of things. We will learn a new technical tool in this article and it will be the Awesome Oscillator indicator as we will identify it in more detail to learn what it is, what it measures, and how to use it based on the main concept behind it through simple strategies, and how to create a trading system based on these mentioned strategies.

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The awesome oscillator is another indicator that was developed by the legendary investor Bill Williams, besides the Alligator that we considered in the last indicator-pattern article. In principle, it is designed to measure market momentum and help pinpoint potential changes in prevalent trends.

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