This indicator is a modification of classical Awesome indicator.
It computes the smoothed rate of change of two smoothed moving averages. More precisely, the indicator has 3 inputs: shortmean and longmean stand for two smoothed moving averages (by default 5 and 34, respectively). The last input, meanAO, indicate the smoothed moving average for the rate of change between the shortmean-longmean.
In the followng image you can show this indicator in a daily chart of EURAUD with inputs 5 and 34 for the exponential means and 7 for the mean of the rate of change. You can compare the indicator with the classical Awesome indicator which has as inputs for the exponential averages 5 and 34 in the following image.
I attached an improved version of AwesomeMod indicator as well as a new version, AwesomeMod_EA, useful for EA's. Here you can show a chart with both versions:
The only difference is that there is just one buffer for the indicator, so if you use it in an EA you have to define:
double AOModCurrent = iCustom(NULL,0,"AwesomeMod_EA",short_mean,long_mean,meanAO,0,0); double AOModPrevious = iCustom(NULL,0,"AwesomeMod_EA",short_mean,long_mean,meanAO,0,1);
Amazing EA that does not use any indicator. Instead, it follows the price action. Tested from 18 August 1995 to 29th January 2014. It has managed to turn $10,000 to 11,958,183.37.KILL ALL ORDERS (All Symbols)
Someone asked me to provide them a way to close all their orders. This script will serve that purpose. Place this script in your \experts\scripts folder. When you want to close all the orders just drop this script on a chart.