The indicator represents two Awesome Oscillators with different smoothing periods, AO Fast and AO Slow, calculated based on three components: Fast EMA, Medium EMA, and Slow EMA.
It has six input parameters:
Fast EMA period – fast EMA period for calculating the AO;
Medium EMA period – medium EMA period for calculating the AO;
Slow EMA period – slow EMA period for calculating the AO;
AO. Fast MA period – fast AO smoothing period;
AO. Slow MA period – slow AO smoothing period;
Applied price – the price of EMA calculating.
Calculations:
AO Fast = MVA(100*(Fast_EMA/Medium_EMA - 1), AO_Fast_Period)
AO Slow = MVA(100*(Medium_EMA/Slow_EMA - 1), AO_Slow_Period)
