This is an indicator of trend and speed, an indicator of strength and cyclicity, an indicator of wave cycles and structures.
One Akushyn_AOZotik indicator can replace the entire indicator set: AO and indicators, , etc.
The indicator performs the following functions:
- indicates the direction of the current trend and the moment it changes to the opposite
- eliminates the "abnormal bursts" of price movement
- limits the flat zone
- allows you to identify
- makes it possible to see the potential of movement even before it begins
- clearly shows the "ABC algorithm" of wave marking
- determines the wave level of corrective movement
- synthesizing different time frames, reveals price movements hidden by the market
The fast line of the indicator is a Main Line (ML)
The slow line of the indicator is a Resistance/Support Line ( RS ).
Zero line of the indicator is a static Balance Line ( BL )
When ML is above RS and BL it indicates a state on the chart.
When ML is below RS and BL it indicates a state on the chart.
When ML is in between RS and BL indicates a flat state