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Indicators: Average Sentiment Oscillator

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MetaQuotes Software Corp.
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195183
MetaQuotes Software Corp.  

Average Sentiment Oscillator:

Momentum oscillator of averaged bull/bear percentages.

Author: Benjamin Joshua Nash

Charles Blair
55
Charles Blair  

thanks for this!

Point Zero
795
Point Zero  
Very nice indicator!
Richard Caughell
967
Richard Caughell  
this thing does a very nice job of following trend, at 6.........very nice
brettlyman
5
brettlyman  

Since the lines mirror each other there's no information gain from having two lines. You could eliminate one of the lines and then make decisions based on whether the line is above or below the middle (50%). That said, however, very nice indicator! 

Tentfx
5
Tentfx  
Better minimum and maximum levels appear with 78.6 and 11.4 levels ....an improvement from the 20 80 suggested
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