Awesome oscillator

What does Awesome oscillator measure?

A simple momentum gauge: is the recent market pushing harder than the wider market? Above zero reads as buyers in charge, below zero as sellers.

How is Awesome oscillator calculated?

Take each candle's midpoint (high plus low, halved). Average that over the last 5 candles, average it again over the last 34, and subtract the slow from the fast.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Awesome oscillator in a bot?

In the builder, add an indicator of type ao (parameters: fast, default 5; slow, default 34). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Abs price oscillatorThe raw gap between a fast trend line and a slow one.
• AroonA pair of 0-100 meters for how RECENTLY the market set a new high and a new low.
• Bearish engulfingA two-candle reversal pattern: after an up candle, a bigger down candle swallows it whole.
• BiasHow far price has run away from its own average, as a percentage.

Or browse all 158 indicators in the full library.