Awesome Oscillator 0
Posted on 23, January 2014
in Category SID
Description for AO SID 495
The Awesome Oscillator created by Bill Williams, is used for analysing market momentum using 2 different periods. One short period and one long period.
The logic for this technical analysis indicator:
#The Awesome Oscillator created by Bill Williams, is used for analysing market momentum using 2 different periods. One short period and one long period. #The short period is defaulted to 5. #The long period is defaulted to 34. my $median = (High+Low)/2; my $ao = SMA($median,5)-SMA($median,34); return ($ao);
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