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This is a classic indicator remade by ninZa.co.
Awesome oscillator by Bill Williams is a well-known indicator with special signals for both trend following and trend fading. Its formula is simple: the Awesome plot value is equal to the difference between a fast MA and a slow MA. Our NinjaTrader Awesome oscillator lets you configure and smooth the slow & fast moving averages separately, each can be selected from 10 popular MA types.
A popular signal of Awesome indicator is twin peaks, which helps identify possible trend reversals. This kind of signal is most reliable when you observe a clear divergence between Awesome oscillator and price action:
- Bullish reversal: This happens when there are 2 consecutive negative peaks and the later peak is higher than the former.
- Bearish reversal: This happens when there are 2 consecutive positive peaks and the later peak is lower than the former.
Another useful signal for trend followers is a saucer, whose shape looks like a disk placed beneath a coffee cup. Despite its simplicity, saucers are wonderful signals for traders who wish to join a trend.
Details about twin peaks & saucer → https://www.tradingview.com/wiki/Awesome_Oscillator_(AO)
- Plot Awesome oscillator
- Allow independently configuring fast MA, slow MA with 10 popular moving-average types
- Allow independently smoothing fast MA, slow MA with 10 smoothing methods
- Allow specifying neighborhood (the number of bars to the left & right of a swing point)
- Colorize the plot in 4 different colors: positive increase, positive decrease, negative increase, negative decrease
- Trigger alerts on twin peaks & saucer appearance
- Print markers on twin peaks & saucer appearance
- Be NinjaScipt ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScipt signals
- Popup alert
- Sound alert (configurable rearm)
- Email alert (possibly configured as SMS alert)
- Message displayed in Alerts Log window
- Can be used in Market Analyzer
- Can be used in Strategy Builder
- Can be used in BloodHound
- Can be used in 3rd-party indicators, strategies, products
- Professional & clean signature for easy calling
Dedicated NinjaScipt signals:
- Signal_TwinPeaks: 1 = bullish twin peaks, -1 = bearish twin peaks, 0 = no twin peaks
- Signal_Saucer: 1 = bullish saucer, -1 = bearish saucer, 0 = no saucer
- Instruments: CFDs, forex, futures, indices, options, stocks
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
- Ready to use out of the box
- Fully configurable & customizable with ease
Please read Installation Guide for details.
FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.
All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.
ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.
Various types of indicators, all under one roof.
Please check out all of our NinjaTrader 8 indicators.