Bill Williams indicators
Awesome Oscillator (AO)
The gap between a 5-period and a 34-period average of the median price, drawn as green and red bars.
La idea en pocas palabras
It compares the most recent momentum (5 candles) with the broader momentum (34 candles). Above zero, the short-term force is stronger than the long-term one.
Cómo se calcula
Simple averages of the median price; the bar is green if higher than the previous bar, red if lower.
AO = SMA((high + low) ÷ 2, 5) − SMA((high + low) ÷ 2, 34)Cómo usarlo
- Zero-line cross: from below to above is bullish, the reverse bearish.
- Saucer: above zero, a red bar followed by a green bar is a buy signal (and the opposite below zero).
- Twin peaks: two lows below zero, the second higher, followed by a green bar: a bullish divergence.
Sacar conclusiones
- AO is a momentum gauge, not a level: compare bars with each other.
Ejemplo
AO crosses above zero on EURUSD daily and stays green for several bars: momentum has turned up.
Los precios de los ejemplos son ilustrativos.
Ten cuidado con
- Like most momentum tools, it gives false signals in ranges.
Un poco de historia
Bill Williams, "New Trading Dimensions" (1998).
Solo contenido educativo. Ningún indicador ni patrón predice el futuro, y nada de lo aquí expuesto es asesoramiento de inversión.