It's my Awesome Oscillator I use every day in conjunction with Renko. Very powerful for spotting divergences and provides great confluence for level to level traders. Can also be used on a candle chart for trend confirmation.
Also includes the labels for divergences, toggleable inside the settings box when applied to your chart. (They're disabled on my chart)
Alerts include: 1. AO Bear Div 2. AO Bull Div 3. AO Crossing Down 0 4. AO Crossng Up 0 5. AO Two Tick Bear 6. AO Two Tick Bull ** Two tick is a great confirmation signal. **