IAOFunction
Hierarchy
Type Library
TeeChartx
Description
Awesome Oscillator (AO) is simply the difference between the 34-period and 5-period simple moving averages of the bar's midpoints (H+L)/2.
It determines market momentum at a given time comparing the last 5 bars to the last 34 bars.
The AO Function uses a OHLC ( Candle ) series as datasource.