AwesomeMod – indicator for MetaTrader 5

  • A+
category:MT5 INDICATORS

The indicator represents two Awesome Oscillators with different smoothing periods, AO Fast and AO Slow, calculated based on three components: Fast EMA, Medium EMA, and Slow EMA.

It has six input parameters:

  • Fast EMA period - fast EMA period for calculating the AO;
  • Medium EMA period - medium EMA period for calculating the AO;
  • Slow EMA period - slow EMA period for calculating the AO;
  • AO. Fast MA period - fast AO smoothing period;
  • AO. Slow MA period - slow AO smoothing period;
  • Applied price - the price of EMA calculating.

Calculations:

AO Fast = MVA(100*(Fast_EMA/Medium_EMA - 1), AO_Fast_Period)
AO Slow = MVA(100*(Medium_EMA/Slow_EMA - 1), AO_Slow_Period)

AwesomeMod - indicator for MetaTrader 5

Comment

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