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Views:: 3745
Rating:: (8)
Published:: 2018.06.16 10:06

AwesomeMod.mq5 (14.24 KB) view

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The indicator represents two Awesome Oscillators with different smoothing periods, AO Fast and AO Slow, calculated based on three components: Fast EMA, Medium EMA, and Slow EMA.

It has six input parameters:

Fast EMA period - fast EMA period for calculating the AO;
Medium EMA period - medium EMA period for calculating the AO;
Slow EMA period - slow EMA period for calculating the AO;
AO. Fast MA period - fast AO smoothing period;
AO. Slow MA period - slow AO smoothing period;
Applied price - the price of EMA calculating.

Calculations:

AO Fast = MVA(100*(Fast_EMA/Medium_EMA - 1), AO_Fast_Period)
AO Slow = MVA(100*(Medium_EMA/Slow_EMA - 1), AO_Slow_Period)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20567

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AwesomeMod - indicator for MetaTrader 5