Ticker Awesome Oscillator – indicator MetaTrader 4

Author: mandorr
It is calculated as the difference between two simple moving averages: SMA(5) and SMA(34). Type of the chart: histogram with green and red colored bars.
In the “Ticker Awesome Oscillator” indicator the buffer with the index 0 (â„–0 in the “Colors” tab) is the hidden line, it returns the value of the oscillator when called from an EA. The buffer with the index 1 (â„–1 in the “Colors” tab) shows the rising bars, it is equal to zero for the falling bars. The buffer with the index 2 (â„–2 in the “Colors” tab) shows the falling bars, it is equal to zero for the rising bars. The plotting of the histogram starts from the 35th tick.


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