- January 31, 2014
- Posted by: Forex Wiki Team
- Category: Free Forex EA
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| Author: | Manel Sanchon (2014.01.31 08:32) | ||
| Downloaded: | 59 | ||
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| Description:
This indicator is a modification of classical Awesome indicator. It computes the smoothed rate of change of two smoothed moving averages. More precisely, the indicator has 3 inputs: shortmean and longmean stand for two smoothed moving averages (by default 5 and 34, respectively). The last input, meanAO, indicate the smoothed moving average for the rate of change between the shortmean-longmean. In the followng image you can show this indicator in a daily chart of EURAUD with inputs 5 and 34 for the exponential means and 7 for the mean of the rate of change. You can compare the indicator with the classical Awesome indicator which has as inputs for the exponential averages 5 and 34 in the following image. Image: |
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