Skip to content
All library documents

Customizing Awesome Oscillator Moving Average Parameters

Article MQL5 code base

Summary

This document describes a configurable version of the Awesome Oscillator, a technical indicator built from fast and slow moving averages. Users can change the periods for both averages, choose the moving average calculation method, and select the price series used in the calculation. The examples identify simple, exponential, smoothed, and linear weighted moving averages as available methods.

The material explains which settings can be adjusted, but it does not provide the calculation formula, trading rules, parameter recommendations, or performance evidence. It therefore serves as a brief description of indicator customization rather than a tested strategy. Changing averaging methods or periods can alter the indicator’s responsiveness and signals, so the document alone is insufficient to judge which configuration is appropriate or whether any version has predictive value.

Key ideas

  • The indicator lets users set separate fast and slow moving average periods.
  • Users can choose among simple, exponential, smoothed, and linear weighted averaging methods.
  • The price series used in the moving average calculation is configurable.
  • The document provides no trading rules or evidence comparing the parameter choices.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.