MOMENTUM INDICATOR
Awesome Oscillator
Compares short and long averages of median price around a zero line.
Start with the input, not the story.
Momentum through the spread between 5- and 34-period simple averages.
Plain-language formula
5-period SMA of median price minus 34-period SMA of median price.
Platform implementations can differ in price input, smoothing, indexing and rounding. Record the exact settings and provider before comparing results.
03 / USEFUL REGIME
Where it may help
Testing zero-line, twin-peak and acceleration concepts with explicit rules.
04 / WEAK REGIME
Where it struggles
Visual pattern labels that are not objectively encoded.
Add a different measurement.
StructureATR
A complementary tool should answer a different question, such as volatility, regime or position risk. Test the base rule before testing the combination.
The shortcut to avoid
Renaming histogram shapes without measuring their reproducibility.
A testable next step
Encode each proposed pattern and report how many signals remain after costs.