Advanced AO Analysis Indicator The Advanced AO Analysis indicator is a sophisticated tool designed to evaluate the Awesome Oscillator (AO) in search of regular and hidden divergences that signal potential price reversals. By tracking the intensity and duration of the AO's movements, this indicator aids traders in pinpointing critical points in price action. ...
🔵 Introduction Sometimes in analyzing price charts using indicators, you may observe a discrepancy. For instance, while the price of stocks, currencies, or commodities is increasing, the indicator shows a decrease. Such a phenomenon in technical analysis is termed "divergence." Divergences are categorized into three types based on their formation and the...
//All code picked from many indicators, if you recognize your code, pls comment so people can see your awesome work! I only edited and added them all together so people don't use all their indicator slots. Hope this indicator helps as many people as it can. LFG!!! AO (Awesome Oscillator) Useful to find potential reversals in trend. MOM (Momentum) An oscillator...
We are proud to release a new indicator that has been a while in the making - the Any Oscillator Underlay (AOU) ! Note: There is a lot to discuss regarding this indicator, including its intent and some of how it operates, so please be sure to read this entire description before using this indicator to help ensure you understand both the intent and some...
Theory: Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment. This version ...
Description The Code Runner is a hybrid indicator that leverages other pre-configured, integrated open-source algorithms to help traders spot regular and continuation divergences. The Code Runner specialises in integrating some of the most popular oscillators well known for their accuracy when scalping using divergence strategies. Uniqueness The Code Runner...
Description Moonshot is an indicator that encapsulates the value delivered by the TSI, MACD, Awesome Oscillator and CCI algorithms to produce signals to enable users to enter positions in ideal market conditions. Moonshot integrates the value delivered by the above four algorithms into one script. This indicator is particularly useful when trading...
This is both the Awesome Oscillator (AO) as described in New Trading Dimensions ( NTD , book by Bill Williams ), and the Profitunity MACD described in the first edition of Trading Chaos. The calculation for both is the same. In this case I added the 5 day SMA which is the blue line. The difference between the blue line and the AO is the AC which is also described...
I already published few version of my custom screeners. Unfortunately, because of TradingView's security function call limit you can't use more than 40 stocks in 1 screener. Fortunately, you can compute multiple values in your function and screen few indicators at once. In this script I show how you can compute 5 indicators at the same time for 40 instruments. I...
This is pure chaos! I just wanted 1 thing I can put on a chart to try to get a clearer picture of what is going on (and not take up all the indicator spaces a free user is allowed haha) Many things going on from so many different users honestly I'm sorry I cant shout out everyone whose code I have ever read and used in another project just for the sake of...
Paints price bars green when AO+AC are both green, paints bars red when both are red, and paints bars grey when both are different. (IGNORE THE CHART DIDNT MEAN TO PUBLISH IT ON THIS CHART.. OPPS)
This indicator is based on Bill Williams` recommendations from his book "New Trading Dimensions". We recommend this book to you as most useful reading. The wisdom, technical expertise, and skillful teaching style of Williams make it a truly revolutionary-level source. A must-have new book for stock and commodity traders. The 1st 2...
This indicator is based on Bill Williams` recommendations from his book "New Trading Dimensions". We recommend this book to you as most useful reading. The wisdom, technical expertise, and skillful teaching style of Williams make it a truly revolutionary-level source. A must-have new book for stock and commodity traders. The 1st 2...
Hi Let me introduce my Bill Williams. Awesome Oscillator (AO) script. This indicator is based on Bill Williams` recommendations from his book "New Trading Dimensions". We recommend this book to you as most useful reading. The wisdom, technical expertise, and skillful teaching style of Williams make it a truly revolutionary-level source. A...