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.
用通俗的话解释
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.
计算方法
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)如何使用
- 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.
得出结论
- AO is a momentum gauge, not a level: compare bars with each other.
示例
AO crosses above zero on EURUSD daily and stays green for several bars: momentum has turned up.
示例中的价格仅作说明。
注意事项
- Like most momentum tools, it gives false signals in ranges.
一点历史
Bill Williams, "New Trading Dimensions" (1998).
仅供学习参考。 没有任何指标或形态能预测未来，本页内容均不构成投资建议。