See also
IFX_DAO indicator (Double Awesome Oscillator) is a variant of Awesome Oscillator by Bill Williams presented in his trading chaos theory. The indicator consists of two Awesome Oscillator’s lines, rapid and slow.
Median price = (HIGH + LOW) / 2
Awesome Oscillator = SMA (Median price, 5) — SMA (Median price, 34)
Used in Meta Trader 4, this oscillator combines two Awesome Oscillator’s indicators which are displayed on the chart as a histogram.
Here are the basic rules of trading according to Double Awesome Oscillator:
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