Registered User Joined: 3/30/2011 Posts: 2
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Does anyone know how to setup the Awesome Oscillator so that it visually will contrast conditional coloring on ascensionos and descension?
Per Bruce, I understandt the formula to be: (AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2
But this does not provide conditional coloring.
Would be grateful if we can get this capability. Anyone?
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Registered User Joined: 1/28/2005 Posts: 6,049
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Try this.
Create two Custom indicators.
Up Color
ABS(((AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2)>(AVGH5.1 + AVGL5.1 - AVGH34.1 - AVGL34.1) / 2)*(AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2
Down Color
ABS(((AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2)<(AVGH5.1 + AVGL5.1 - AVGH34.1 - AVGL34.1) / 2)*(AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2
Put both in the same window on the same scale.
Plot each as a histogram with one color for each.
Thanks
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