Syntax
public AwesomeOscillator(Bars bars, int period1, int period2, string description)
public static AwesomeOscillator Series(Bars bars, int period1, int period2)
Parameter Description
| bars |
A Bars object |
| period1 |
First moving average period |
| period2 |
Second moving average period |
Description
"Awesome" Oscillator by Bill Williams is a MACD-like indicator that measures market momentum of the median price of the last 5 bars, compared to the momentum of the last 34 bars.
Interpretation
Example
The following example will plots Awesome Oscillator:
using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;
using Community.Indicators;
namespace WealthLab.Strategies
{
public class AODemo : WealthScript
{
protected override void Execute()
{
AwesomeOscillator ao = AwesomeOscillator.Series(Bars, 5, 34);
HideVolume();
ChartPane pAO = CreatePane( 30, false, false );
PlotSeries( pAO, ao, Color.Blue, LineStyle.Histogram, 2 );
}
}
}