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Awesome oscillator calculator

Bill Williams' momentum bars: which side of zero, which colour, and the latest cross.

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  • No sign-up
  • Nothing you type is stored

The bars

Oldest first, at least 36 bars. Three numbers per bar, bars split by semicolons: 2295.6 2282.7 2286.3; 2294.8 2278.4 2281.9

The awesome oscillator

The awesome oscillator is +95.89 and rising. It last crossed above zero 23 bars ago.

The side
It is above zero: the short average of the midpoints is over the long one.
The colour
A bar higher than the one before is drawn green, a lower one red. The last 10 bars have been green, up 4.31 on the last bar.
How it is read
Many traders read a cross of zero as momentum changing side. A saucer is a one-bar dip above zero that turns back up, or a one-bar bounce below zero that turns back down; it is read as the move picking up again.
Read it with care
It uses simple averages of 5 and 34 bars, so it lags, and around zero it can flip side several times in a range.

The bar midpoint and the oscillator on the last bars. The last bar is marked.

BarMidpointOscillator
7 ago2,384.70+63.43
6 ago2,384.80+69.50
5 ago2,387.85+74.33
4 ago2,405.75+79.78
3 ago2,414.50+82.93
2 ago2,432.75+87.33
1 ago2,432.00+91.58
Last2,433.65+95.89

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning

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Educational only, not financial advice; trading involves risk.

Momentum from the middle of the bar

Bill Williams built the awesome oscillator from the middle of each bar, halfway between its high and its low, rather than the close. It takes the 5-bar simple average of those midpoints and subtracts the 34-bar one. Above zero, the last few bars sit higher than the longer stretch; below zero, lower.

Compare it with the close-based MACD calculator, check the trend with the Ichimoku cloud calculator, and size the trade with the position size calculator.

Not advice. Arithmetic on the bars you type; an indicator describes the past bars, not the next one.

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