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Williams Awesome Oscillator (AO) Topic Rating:
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Bruce_L
Posted : Friday, March 17, 2017 1:15:14 PM


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Joined: 10/7/2004
Posts: 65,138

Williams Awesome Oscillator (AO)

Templates (v17+)

Main Indicator

(AVG(H + L, 5) - AVG(H + L, 34)) / 2

Plot Only Down Bars

(AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2 / ABS(AVG(H + L, 5) - AVG(H + L, 34) < (AVG(H1 + L1, 5) - AVG(H1 + L1, 34)))

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-Bruce
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Aces4Me
Posted : Sunday, November 18, 2018 4:26:27 PM
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Joined: 4/30/2015
Posts: 197

i assume the plot only down bars and another plot only up bars you could create a 2 color histogram?

I tried the formula and got an error cannot divide by zero

Bruce_L
Posted : Monday, November 19, 2018 8:20:27 AM


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Joined: 10/7/2004
Posts: 65,138

You would plot the main indicator as a Custom PCF Indicator using the Histogram Plot Style in your up color. Then you would use the Plot Only Down Bars formula using a Custom PCF Indicator using the Histogram Plot Style in your down color.

The division by zero error is deliberate. This is what causes the down bars version to not plot when the indicator is up.



-Bruce
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raider45
Posted : Monday, November 26, 2018 5:58:50 AM
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Joined: 9/30/2011
Posts: 788
I would like to change the following formula to get the Up signal instead of numbers.
 
(AVG (H + L, 5) - AVG (H + L, 34)) / 2
 
Thank you and goodbye.
Raider45
Bruce_L
Posted : Monday, November 26, 2018 9:29:37 AM


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Joined: 10/7/2004
Posts: 65,138

If you mean the value is above zero:

AVG(H + L, 5) > AVG(H + L, 34)

If you mean the value is crossing above zero:

XUP(AVG (H + L, 5), AVG(H + L, 34))

If you mean the value is going up:

AVG(H + L - H1 - L1, 5) > AVG(H + L - H1 - L1, 34)

If you mean the value has started going up while below zero:

AVG(H1 + L1, 5) < AVG(H1 + L1, 34) AND TrueInRow(AVG(H + L - H1 - L1, 5) > AVG(H + L - H1 - L1, 34), 2) = 1



-Bruce
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raider45
Posted : Tuesday, November 27, 2018 6:34:20 AM
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Joined: 9/30/2011
Posts: 788
Congratulations, thank you!
 
Sincerely 
Bruce_L
Posted : Tuesday, November 27, 2018 8:23:56 AM


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Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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check9255
Posted : Saturday, December 1, 2018 10:37:01 AM
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Joined: 4/19/2012
Posts: 7

HI BRUCE/ PCF FOR PRICE CLOSES ABOVE 15 DAY MOVING AVG, I AM HAVING ALL KINDS OF TROUBLE=(FIX FORMULA) MOSTLY PARENTHES

THANKS

StockGuy
Posted : Saturday, December 1, 2018 10:44:10 AM

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C > AVGC15

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