Momentum
Awesome Oscillator
Awesome Oscillator (Bill Williams) in its own panel.
Real example in the platform
Awesome Oscillator on the NQ, 1-minute candles built from real ticks (October 16, 2026, Rithmic feed) — a screenshot of the platform itself, factory settings.

What it does
- Difference between the 5 and 34 averages of the midpoint (H+L)/2 — a histogram.
- Green bar = rising, red = falling; zero cross = momentum shift.
Options
- Fast/slow periods, colors.
Settings
Everything you can change in the indicator's settings dialog, in the same order as in the platform:
- Fast period
- Slow period
- Pane height (px)
- Background blur
- Colors
- Up bar
- Down bar
- Paint candles
- Calculation source (another candle type/timeframe)
How to add it in EliteXCharts
- Open a chart and click the Indicators icon in the chart header.
- Pick the Momentum category and choose Awesome Oscillator.
- Click Add. Double-click the indicator (or use its gear) to open the settings.
- Or ask the AI Assistant: "add the Awesome Oscillator".
Frequently asked questions
What does the Awesome Oscillator indicator do?
Awesome Oscillator (Bill Williams) in its own panel. Difference between the 5 and 34 averages of the midpoint (H+L)/2 — a histogram. Green bar = rising, red = falling; zero cross = momentum shift.
How do you read the Awesome Oscillator?
Fast/slow periods, colors.
How do I add the Awesome Oscillator to a chart in EliteXCharts?
Open a chart and click the Indicators icon in the chart header. Pick the Momentum category and choose Awesome Oscillator. Click Add. Double-click the indicator (or use its gear) to open the settings. Or ask the AI Assistant: "add the Awesome Oscillator".
Related indicators
Try it on your own chart
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