Overview

The Awesome Oscillator (AO) measures market momentum by comparing a short-term moving average to a longer-term moving average.

It helps identify:

• Momentum shifts

• Trend strength

• Potential reversals

• Bullish and bearish acceleration

The oscillator fluctuates above and below the zero line.

Settings

Parameters

Average

Average Type
Select the moving average type.
Default: Simple

AO Length 1
Short-period average length.
Default: 5

AO Length 2
Long-period average length.
Default: 34

Average Length
Smoothing length applied to the signal line (if enabled).

Color

Middle Level – Default: 50
Lower Level – Default: 20
High Level – Default: 80

Level colors and width can be customized.

Subgraphs

Awesome Oscillator

• Color / 2° Color – Histogram colors

• Subgraph Style – Bars (default)

• Auto Color – Slope (changes color based on momentum direction)

• Line Style / Width – Appearance settings

• Short Name – Custom label

Average

• Configurable as a line

• Custom color, style, and width options

Additional display options:

• Name Label

• Value Label

• Name/Value Background

• Include on Auto Center