ImpAO

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The Wonderful Oscillator indicator (eng. Awesome Oscillator, AO) is calculated based on the median price on simple moving averages with periods of 5 and 34.

This modification allows you to calculate the indicator based on any combination of 4 main prices: Close, Open, High and Low, choose the periods and the method of averaging the moving average: simple (SMA), exponential (EMA), smoothed (SMMA), linear-weighted (LWMA), double exponential (DEMA), triple exponential (TEMA).

Input parameters:

• Fast period – the period of the fast moving average;
• Slow period – the period of the slow moving average;
• Moving average mode-the method of averaging: simple (Simple, SMA), exponential (Exponential, EMA), Smoothed (Smoothed, SMMA), Linear Weighted (Linear Weighted, LWMA), Double exponential (Double Exponential, DEMA) or triple exponential average (Triple Exponential, TEMA);
• Close – the weight factor of the CLOSE price for calculating the individual price;
• Open-the OPEN price weighting factor for calculating the individual price;
• High – the HIGH price weighting factor for calculating the individual price;
• Low – the LOW price weighting factor for calculating the individual price.

Example 1. Calculate the indicator based on the OPEN price: Close=0, Open=1, High=0, Low=0.
Example 2. Calculate the indicator based on the WEIGHTED price: Close=2, Open=0, High=1, Low=1.
Example 3. Calculate the indicator based on an individual price constant: Close=6, Open=7, High=1, Low=3. Price=(6*Close 7*Open 1*High 3*Low)/17.