Sometimes this is useful - to observe the behavior of the oscillator in the channel. Greatly simplifies the evaluation of the situation.
Bill Williams's Awesome Oscillator Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment.
Average True Range Technical Indicator (ATR) is an indicator that shows volatility of the market.
ASI was created by Wales Wilder as an ordinary fluctuations indicator that gets signals from previous maximums and minimums of price.
The Adaptive Moving Average Indicator is used for constructing a moving average with low sensitivity to price series noises and is characterized by the minimal lag for trend detection.