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AO OSC

Unlock the potential of your trading endeavors by incorporating the AO OSC Amibroker AFL, downloadable for free. This indicator, a fusion of Awesome Oscillator (AO) and Oscillator (OSC), offers a comprehensive view of price momentum and market trends. Optimize your strategy with the support of dependable Amibroker data, ensuring well-informed decisions.

_SECTION_BEGIN("AO");

 A = (H+L)/2;
 AO=MA(A,5)-MA(A,34);
 AOcolor=IIf(AO>Ref(AO,-1),colorBrightGreen,colorPink);

 Plot(AO,"AO",AOcolor,styleHistogram|styleThick);

 Plot(0,"",colorWhite,styleLine);
AOcolor2=IIf(AO>Ref(AO,-1),colorDarkGreen,colorDarkRed);
PlotOHLC(AO,AO,0,0,"",AOcolor2,styleCloud);
 _SECTION_END();

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