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Product Description
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)
Key Features
- Plot Awesome oscillator
- Allow independently configuring fast MA, slow MA with 11 popular moving averages
- Allow independently smoothing fast MA, slow MA with 11 popular moving averages
- 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 NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Dedicated NinjaScript 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
Product Media
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From Happy Customers
by M.
Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
by Bartosz
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An Exemplary Customer Experience At NinZa.Co: Unveiling The Power Of Cumulative Delta
I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Software Changelog
23 Sep 2020
Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping); alert popup was visually enhanced.
16 Feb 2020
Font issue in Windows 7 was fixed.
14 Feb 2020
The indicator was released (built new).
