Oscillator for Tradingview based on MACD and Awesome Oscillator. This oscillator is designed to identify potential local growth or decline in prices as part of a trend movement.
For some ridiculous reason I am not allowed to attach screenshots of graphs and links on TradingView, so I hope that you will find my detailed instructions on my github page: github.com/samgozman/AO-MACD-cross-tradingview
Be sure to read the detailed description of the script at the following link: github.com/samgozman/AO-MACD-cross-tradingview
Kelvys
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@samgozman I love it. It's a great mix. Having them is a must, imo.
Would you please make the MACD input settings editable to have it behave faster? I've tested 5-15-3 and 5-13-3 settings instead of defaults 12-26-9 with great results in crypto. I'm a newbie. Maybe my asking is counter-productive in this set-up.
Thanks a lot for sharing your work and expertise. It helps a lot. Keep it up!
PetrusdeCourtrai
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@Kelvys, have you found the ideal settings, or aren't you using this anymore ?
joseph_toomarkhani
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Hi Sam how are you? I had a question for you I want to combine rsi indicator and awesome oscillator and show it in one indicator, can you help me? I will be very grateful if you do this
SugarTrader77
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Hi thanks for this indicator. I review the comment on github, but still don't understand what the "saucer" means. Would you please give it another attempt here explaining how to interpret the "saucer"
samgozman
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@SugarTrader77, Hi! Try to find on the internet "Awesome oscillator saucer" or "Awesome oscillator saucer strategy". This is it. Except that some of the rules for defining a saucer may differ - someone is more strict, someone finds them less strictly. "The awesome oscillator saucer is a trading signal that many analysts use to identify potential rapid changes in momentum. The saucer strategy involves looking for changes in three consecutive bars that are on the same side of the zero line."
SugarTrader77
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@samgozman, Thank you. I didn't know it was a well known approach. Thanks again for sharing and the good work.
pattt128
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i like your indicator it seems relly good for crypto (on the chart i still need to test it in live ), and i like the trigger "SAUCER " knowing french i find it funny XD