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Awesome Oscillator Indicator

Summary: This indicator produces the Awesome Oscillator, as originally inventd by Bill Williams as a method for trading stocks, forex and commodities.
Awesome Oscillator On the Charts
The Awesome oscillator is an unbounded oscillator and is calculated by using the difference between two simple moving averages (SMA); one with a slow moving sma, typically 34 periods long, and the fast moving SMA of 5 period length. The SMA are calculated using the median price of (maximum + minimum)/2.
The parameters of the Awesome Oscillator can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Awesome Oscillator" Product Definition.
Awesome Oscillator Products & Properties
Product Setting Product Variable Properties
AwesomeOsc ao value
A simple strategy can be built by entering a trade when the Oscillator value crosses 0 from below:
 chart.at02hs.ao.previous.value < 0 && chart.at02hs.ao.value > 0
Other strategies for this indicator include the Saucer strategy, Twin Peaks, and the trendline cross.
MFI Divergence
Awesome Oscillator Divergence