AWESOME OSCILLATOR
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Hey guys. My strategy is based on the change of color on the Awesome Oscillator, from red to green and vice versa. However I cant see an option to add this to my code, there are no buffers for red and green, how can I fix that? -
@ituinvests hello! Awesome Oscillator doesn't give you any kind of change, simply gives you values above or below zero, the bars are green when this value is greater than the previous bar (rising value), vice versa is red when it is less (falling values). No buffer for your purpose
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Oh makes sense, thank you very much.
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@ambrogio so how do one achieve what he wants bade on your explanation?
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@sonnybatet-0, compare value AO with candle id 1&2, bigger or smaller than. That's how you should do it.
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@sonnybatet-0 said in AWESOME OSCILLATOR:
@ambrogio so how do one achieve what he wants bade on your explanation?
Here is how Awesome Oscillator is calculate and some suggestion to use it.
https://currency.com/how-to-read-and-use-the-awesome-oscillator-trading-indicator
https://www.ig.com/uk/trading-strategies/a-traders-guide-to-using-the-awesome-oscillator-200130