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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.

#NQTimeFrame M1Awesome Oscillatorreal platform screenshot · Rithmic ticks
Awesome Oscillator indicator on an EliteXCharts chart (NQ, 1-minute candles, October 16, 2026)
●NQ · Oct 16, 2026·real example from the EliteXCharts Help Center

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

  1. Open a chart and click the Indicators icon in the chart header.
  2. Pick the Momentum category and choose Awesome Oscillator.
  3. Click Add. Double-click the indicator (or use its gear) to open the settings.
  4. 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

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Before you subscribe

Do you have a Rithmic account?

For now, EliteXCharts only works with Rithmic data: the login from your broker or your prop firm.