The Awesome Oscillator (AO) attempts to show current market momentum and is displayed as a histogram. The Awesome Oscillator is created using the difference between the 34-period and 5-period simple moving averages of the bar’s midpoints (H+L)/2. Each bar of the histogram that is higher than the preceding bar is green. Each bar that is lower than the preceding bar is red.
Modified on: Tue, 8 Nov, 2016 at 11:09 AM
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