OmniTrader Professional Forum
OmniLanguage Discussion
Awesome Oscillator
14 replies, 8724 viewings
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OmniTrader Professional Forum
OmniLanguage Discussion
Awesome Oscillator
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Last Activity 7/6/2025 3:47 AM 14 replies, 8724 viewings |
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JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO  User Profile |
"The Awesome Oscillator shows the difference between a 5-period Moving Average and a 34-period Moving Average, both calculated for the midpoints of the candles, (High+Low)/2." It is a unique indicator which reflects the tendencies in the market. I hope to paste it into OmniTrader and have it become an indicator. Thanks, JSmish | ||
| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
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| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
http://www.actfx.com/Download50013.aspx | ||
| jawjahtek Member  Posts: 37 Joined: 5/30/2006 Location: Georgia, USA User Profile |
Here is Nirvana's code for MACD, modified as needed. Good luck to you; I would not consider this indicator "awesome" or "spot on", and I would not expect N to include it in OT. #Indicator #PARAM "ShortPeriods", 5 #PARAM "LongPeriods", 34 Dim fMACDao as Single fMACDao = SMA((H+L)/2, ShortPeriods) - SMA(H+L)/2, LongPeriods) Plot("MACDao", fMACDao) Return 0 | ||
| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
JSmish | ||
| Jim Dean Sage    Posts: 3433 Joined: 3/13/2006 Location: L'ville, GA User Profile |
#Indicator #PARAM "ShortPeriods", 5 #PARAM "LongPeriods", 34 Dim fMACDao as Single if bar > LongPeriods then fMACDao = SMA((H+L)/2, ShortPeriods) - SMA(H+L)/2, LongPeriods) Plot("MACDao", fMACDao) end if Return fMACDao [Edited by Jim Dean on 11/14/2012 11:01 AM] | ||
| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
Compilation pointed out line 9 has too many closing parenthesis. When editing the indicator in chart options, there is only one line not two. | ||
| SteveL Veteran Posts: 133 Joined: 2/15/2007 Location: Boulder, CO User Profile |
fMACDao = SMA((H+L)/2, ShortPeriods) - SMA((H+L)/2, LongPeriods) | ||
| Jim Dean Sage Posts: 3433 Joined: 3/13/2006 Location: L'ville, GA User Profile |
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| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
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| Jim Dean Sage Posts: 3433 Joined: 3/13/2006 Location: L'ville, GA User Profile |
Plothist("MACDao", fMACDao, 0) | ||
| JSmish Member Posts: 8 Joined: 11/13/2012 Location: Castle Rock, CO User Profile |
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| Jim New User Posts: 2 Joined: 10/27/2014 Location: Saint Louis, MO User Profile |
Does anyone have a reference for how to plot a color change code for this histogram? If the current bar is greater than the previous bar, then plot green If the current bar is less than the previous bar, then plot red. Thanks, Jim #Indicator #PARAM "ShortPeriods", 5 #PARAM "LongPeriods", 34 Dim fMACDao as Single if bar > LongPeriods then fMACDao = SMA((H+L)/2, ShortPeriods) - SMA((H+L)/2, LongPeriods) Plothist("MACDao", fMACDao, 0) end if Return fMACDao | ||
| Jim Dean Sage Posts: 3433 Joined: 3/13/2006 Location: L'ville, GA User Profile |
#PARAM "ShortPeriods", 5 #PARAM "LongPeriods", 34 Dim fMACDao as Single if bar > LongPeriods then fMACDao = SMA((H+L)/2, ShortPeriods) - SMA((H+L)/2, LongPeriods) If fmacdao > fmacdao[1] then Plothist("MACDao", fMACDao, 0, green) Else Plothist("MACDao", fMACDao, 0, red) End if end if Return fMACDao | ||
| Jim New User Posts: 2 Joined: 10/27/2014 Location: Saint Louis, MO User Profile |
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