feat: add new indicators (Decay, Edecay, MinusDi, MinusDm, PlusDi, PlusDm, Maxindex, Minindex, Sarext) and update pine scripts, core libs, validation tests, and python bindings
2026-03-09 13:45:46 -07:00
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// Licensed under the Apache License, Version 2.0
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2026-01-31 14:05:53 -08:00
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// © mihakralj
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//@version=6
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indicator("Awesome Oscillator (AO)", "AO", overlay=false)
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//@function Calculates Bill Williams' Awesome Oscillator
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//@param fastLength Period for fast MA calculation
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//@param slowLength Period for slow MA calculation
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//@returns AO value measuring market momentum
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ao(simple int fastLength, simple int slowLength) =>
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if fastLength <= 0 or slowLength <= 0
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runtime.error("Lengths must be greater than 0")
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if fastLength >= slowLength
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runtime.error("Fast length must be less than slow length")
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float mp = (high + low) / 2.0
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var array<float> fastBuf = array.new_float(fastLength, na)
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var array<float> slowBuf = array.new_float(slowLength, na)
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var int fastHead = 0, var int slowHead = 0
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var float fastSum = 0.0, var float slowSum = 0.0
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var int fastCount = 0, var int slowCount = 0
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float fastOldest = array.get(fastBuf, fastHead)
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if not na(fastOldest)
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fastSum -= fastOldest
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fastCount -= 1
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if not na(mp)
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fastSum += mp
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fastCount += 1
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array.set(fastBuf, fastHead, mp)
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fastHead := (fastHead + 1) % fastLength
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float slowOldest = array.get(slowBuf, slowHead)
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if not na(slowOldest)
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slowSum -= slowOldest
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slowCount -= 1
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if not na(mp)
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slowSum += mp
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slowCount += 1
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array.set(slowBuf, slowHead, mp)
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slowHead := (slowHead + 1) % slowLength
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float fastMA = fastCount > 0 ? fastSum / fastCount : na
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float slowMA = slowCount > 0 ? slowSum / slowCount : na
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fastMA - slowMA
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// ---------- Main loop ----------
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// Inputs
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i_fastLength = input.int(5, "Fast Length", minval=1)
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i_slowLength = input.int(34, "Slow Length", minval=1)
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// Calculation
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ao_value = ao(i_fastLength, i_slowLength)
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ao_prev = ao_value[1]
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// Plot
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2026-02-18 11:55:48 -08:00
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plot(ao_value, "AO", ao_value >= ao_prev ? color.green : color.red, linewidth=2)
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