Bill Williams Awesome Oscillator Strategy (Amibroker And Tradestation Code)

The original article can be found here.

The code in plain English:

1. The 5-day RSI of Bill Williams Oscillator indicator must be above 60.
2. The 5-day ADX must be less than 35.
3. If 1 and 2 are true, then go long at the close.
4. Sell at the close when the indicator crosses below 50.

The Amibroker code:

MedianPrice = (H  + L )/2 ;

AwesomeIndicator= MA(MedianPrice,5) - MA(MedianPrice,25) ;

RSIindicator= RSIa(AwesomeIndicator,5) ;

Buy=  Cross(rsiindicator,60) AND ADX(5)<35 ; 
buyPrice=Close;
Sell= Cross(50,rsiindicator);
sellPrice=Close ;

Tradestation code:

{
Bill Williams Awesome Oscillator Strategy
https://www.quantifiedstrategies.com/lessons/bill-williams-awesome-oscillator-strategy-amibroker-code/
}

Inputs:
	FastLookback(5),
	SlowLookback(25),
	RsiLookback(5),
	AdxLookback(5),
	BuyRsiTreshold(60),
	BuyAdxTreshold(35),
	SellRsiTreshold(50);
	
Vars:
	MedianPrice(0),
	AwesomeIndicator(0),
	RSIindicator(0);

MedianPrice = (H  + L )/2 ;
AwesomeIndicator= Average(MedianPrice, FastLookback) - Average(MedianPrice, SlowLookback);
RSIindicator= RSI(AwesomeIndicator, RsiLookback);

if RSIindicator cross over BuyRsiTreshold AND ADX(AdxLookback) < BuyAdxTreshold Then
	buy this bar on close;
	
if RSIindicator cross under SellRsiTreshold Then
	sell this bar on close;