This is an indicator I stole from Lemrin. I added the plots for the MACD line and the Signal line and also changed the AO and MACD histo to an area plot. MACD = red and green. AO = blue and yellow. Green over top of Blue = possible reversal. Green overlaid over blue = uptrend. Yellow over top of Red = downside reversal possible. Yellow overlaid over Red =...
This strategy is based on quadruple EMAs, MACD and Awesome Oscillator, developed by Nenad Kerkez and simplified by me. Scalping strategy (lower time frames) Entry Position Before we take a buy trade the two above criteria must be met. The 144 EMA must be above the 176 EMA and the 36 EMA must be above the 44 EMA. We then wait for AO to fall below the 0. The final...
This is simply Bill Williams AO oscillator, fabricated with predefined numbers to better fit the Uni Renko charts and my methodology. The reason for publishing this version is that the original numbers (you can see them on the top instance of the oscillator) does not behave that much satisfactory when it comes to renko charting in my methodology ! The AO is not a...
This indicator was originally developed by Bill M. Williams.
Ultimate MACD ( UMACD ) includes True MACD fix, normalized MACD, multi time frame, bar coloring, and false cross avoidance options. It can also replicate Bill Williams Awesome Oscillator and Accelerator Oscillator. By default, this indicator is configured to work like the built-in MACD indicator. You need to customize it to your liking. Chart below shows example...
Improved Awesome Oscillator. * Supports both Logarithm/Linear scale * Shows divergences on higher timeframes (which it didn't before) * Twin peaks appear much more frequently * Less lagging, able to spot the major tops earlier on after huge price spikes/declines (shouldn't make a difference on lower timeframes)
AO with Log support, less lagging with bigger price movements, clearer divergences between waves, and also more frequent Twin peaks.
Great enhanced version of my previous indicator "Sweet Sugar Spot". Components of this indicator are PSAR, AO, and SECRET T/P Line. Long 1: Longer PSAR is uptrend and shorter PSAR touches low price (down => up). Long 2: PSAR touches low price (down => up) and AO buy pattern (Zero Cross, Twin Peaks, Saucer) is detected in the near candles. (PSAR + Twin Peaks...
This indicator is enhancement of my previous indicator, Sweet Sugar Spot. Basic Ideas of N-SSS: 1. PSAR multi-timeframe 2. Awesome Oscillator 3. Magical Take Profit Lines This is trial version and everybody can use it, but some limitations exist. - Short only. - Alert is limited. - PSAR parameters are hidden. Green or blue lines are great T/P lines. Complete...
to be used with AO indicator, based on forex strat -- www.forexstrategiesresources.com works on 1/3/5/15/30 candles, buy signals are best when the black 3 fast ema crosses up through the red mid band
AMO is a part of Atrix trade system. TTC v2 replacement. Highly recommend to use with Atrix (Alligator on TRIX).
Any indicator based on moving averages (MAs) lags real-time movement. Immediately after large ("step") changes in level, the pre-step values that are still within the MA window cause the result to falsely reflect continued movement, even if real-time values remain flat or move in the opposite direction. To counter this, when a step change of a configurable size...
Here is the well-known Awesome Oscillator (AO), which I use to present the real purpose of this post: a function that provides step correction for simple moving averages (SMAs). We all know that any indicator based on moving averages lags real-time movement. Normally this is fine, but just after large ("step") changes in level, the pre-step values that are...
This is a quick script that combines two standard indicators, the Awesome Oscillator and MACD histogram, to highlight the beginnings of periods of fast price movement (divergence between the two). Since MACD's EMA responds more quickly than AO's SMA, look for periods of green over gold as a bullish signal, and red under blue as a bearish signal. Of course both...
It's projects a MA oscillator and a/c histogram to the price chart
The colored Zones is the combination of the Awesome Oscillator (AO) and Accelerator Oscillator (AC) indicator by Bill Williams. If both AO and AC bars are uptrending, the zone is blue If both AO and AC bars are downtrending, the zone is red If AO and AC have different colors, the zone is gray Blue and red zones This zones allows you to trade more...