Bill Williams. Awesome Oscillator (AC)Hi
Let me introduce my Bill Williams. Awesome Oscillator (AC) script.
This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above previous, the period is considered suited for selling and the
indicator marks it as red.
Oscillateurs de type Momentum
Indicator: ElliotWave Oscillator [EWO]This oscillator has to be used in conjunction with other EW tools (certainly cannot be the main indicator).
EWO has:
- Higher values during third waves' up
- Lower but still Positive values during the first and fifth waves up
- Negative values during the biggest corrections or downtrend impulse waves.
Personally, I am still trying to figure out EW, so do not use this. Just wanted to publish this for the EW masters out there who can put this to good use.
Appreciate any comments/feedback.
Indicator: Chande's QStick IndicatorQStick from Tushar Chande (more info => www.investopedia.com)
This numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' periods have been up, indicating that buying pressure has been increasing
I added more markings to clearly highlight the divergences (marked them in the chart above).
Appreciate any comments/feedback.
FREE INDICATOR: VOLUME MOMENTUMFor the momentum trader there are plenty of price momentum indicators, here's one that tracks the volume's momentum. Rising momentum in both price and volume is great for any momentum trader.
Add this to your chart, play with the settings, and maybe you'll notice something new!
Grab the source code here: pastebin.com
Installation video by @ChrisMoody here : vimeopro.com
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I'd like as many people as possible to get it :)
