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)))

Related Topics

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

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.

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

You're welcome.

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

THANKS

C > AVGC15