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.
सरल शब्दों में विचार
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.
गणना कैसे होती है
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)इसका उपयोग कैसे करें
- 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.
निष्कर्ष निकालना
- AO is a momentum gauge, not a level: compare bars with each other.
उदाहरण
AO crosses above zero on EURUSD daily and stays green for several bars: momentum has turned up.
उदाहरणों में कीमतें केवल समझाने के लिए हैं।
इन बातों का ध्यान रखें
- Like most momentum tools, it gives false signals in ranges.
थोड़ा इतिहास
Bill Williams, "New Trading Dimensions" (1998).
केवल शैक्षिक सामग्री। कोई इंडिकेटर या पैटर्न भविष्य की भविष्यवाणी नहीं करता, और यहाँ कुछ भी निवेश सलाह नहीं है।