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Awesome Oscillator Rate this Topic:
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Lovial
Posted : Sunday, June 8, 2014 1:56:22 AM
Registered User
Joined: 3/30/2011
Posts: 2

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?

diceman
Posted : Sunday, June 8, 2014 10:11:35 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

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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