Bill Williams "AO" Oscillator Indicator
Bill Williams "AO" Oscillator Indicator - "AO" stands for "awesome oscillator", i.e., the "magic oscillator.
This indicator determines the market driving force based on the price value at different time intervals. In fact Awesome Oscillator indicator is a derivative of the moving average with a period of 34, constructed from the median values, which is subsequently subtracted from the moving average with a period of 5.
Trading signals Bill Williams "AO" Oscillator indicator Most often are combinations of graphical bars in the form of Awesome Oscillator.