OPEN-SOURCE SCRIPT
Updated ALTDEL S/E Awesome Oscillator
A simple customization of the Awesome Oscillator: allows you to change the moving averages (integer) as well as make them exponential.
Release Notes
An update (already). The new line is the slope of the Awesome Oscillator. If you set the E/SMA to 1, it will give you just the slope. The default setting is EMA 15. Also, the "Visibility Coefficient" is simply the slope (or E/SMA of the Slope) times 6 (that's the default). It just makes the line more visible by exaggerating its value. It doesn't change the crossover with zero point, of course.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.