This is the Awesome / Accelerator Oscillator originally developed by Bill WIlliams, and includes shapes and alerts which correspond as Buy and Sell signals.
Release Notes:
Version 1.01, Now we include the AC. some further updates coming soon.
From Source:
// This script is an implementation / interperetation of some of the work of Bill M. Williams
// (See books: "Trading Chaos" & "New Trading Dimensions")
//
// The script includes the following, each with Alerts & Signals:
// -> Awesome Oscillator (AO)
// -> Profitunity MACD (PM)
// -> Accelerator Oscillator (AC)
// -> Trading Zones, Red Green & Gray (TZ)
//
// Shapes and Characters Key:
// Մ = Saucer Buy Signal (AO) -> Place Limit Buy 1 tick above signal bar high.
// Ռ = Saucer Sell Signal (AO) -> Place Limit Sell 1 tick below signal bar low.
// ↑ = Crossing Zero Line Buy (AO) -> Place Limit Buy 1 tick above signal bar high.
// ↓ = Crossing Zero Line Sell (AO) -> Place Limit Sell 1 tick below signal bar low.
// W = Twin Peaks Buy (AO) -> Place Limit Buy 1 tick above signal bar high.
// M = Twin Peaks Sell (AO) -> Place Limit Sell 1 tick below signal bar low.
// ¡ = Above Zero Buy (AC) -> Place Limit Buy 1 tick above signal bar high.
// ! = Below Zero Sell (AC) -> Place Limit Sell 1 tick below signal bar low.
// ▲ = Signal Cross Buy (PM) -> Profitunity MACD Buy Signal
// ▼ = Signal Cross Sell (PM) -> Profitunity MACD Sell Signal
// ♦ = Below Zero Buy (AC) -> Place Limit Buy 1 tick above signal bar high.
// ◊ = Above Zero Sell (AC) -> -> Place Limit Sell 1 tick below signal bar low.
// ■ = Crossing Change Buy (AC) -> Place Limit Buy 1 tick above signal bar high
// □ = Crossing Change Sell (AC) -> Place Limit Sell 1 tick below signal bar low.
//
// © bgeraghty 2020
From Source:
// This script is an implementation / interperetation of some of the work of Bill M. Williams
// (See books: "Trading Chaos" & "New Trading Dimensions")
//
// The script includes the following, each with Alerts & Signals:
// -> Awesome Oscillator (AO)
// -> Profitunity MACD (PM)
// -> Accelerator Oscillator (AC)
// -> Trading Zones, Red Green & Gray (TZ)
//
// Shapes and Characters Key:
// Մ = Saucer Buy Signal (AO) -> Place Limit Buy 1 tick above signal bar high.
// Ռ = Saucer Sell Signal (AO) -> Place Limit Sell 1 tick below signal bar low.
// ↑ = Crossing Zero Line Buy (AO) -> Place Limit Buy 1 tick above signal bar high.
// ↓ = Crossing Zero Line Sell (AO) -> Place Limit Sell 1 tick below signal bar low.
// W = Twin Peaks Buy (AO) -> Place Limit Buy 1 tick above signal bar high.
// M = Twin Peaks Sell (AO) -> Place Limit Sell 1 tick below signal bar low.
// ¡ = Above Zero Buy (AC) -> Place Limit Buy 1 tick above signal bar high.
// ! = Below Zero Sell (AC) -> Place Limit Sell 1 tick below signal bar low.
// ▲ = Signal Cross Buy (PM) -> Profitunity MACD Buy Signal
// ▼ = Signal Cross Sell (PM) -> Profitunity MACD Sell Signal
// ♦ = Below Zero Buy (AC) -> Place Limit Buy 1 tick above signal bar high.
// ◊ = Above Zero Sell (AC) -> -> Place Limit Sell 1 tick below signal bar low.
// ■ = Crossing Change Buy (AC) -> Place Limit Buy 1 tick above signal bar high
// □ = Crossing Change Sell (AC) -> Place Limit Sell 1 tick below signal bar low.
//
// © bgeraghty 2020
- Bryan G.