William's Awesome Oscillator (AO) - Log-scaled

A 5-34-5 MACD plotted as a histogram, aka William's Awesome Oscillator (AO), scaled to log price.

Useful for finding momentum divergences in volatile and long-term price charts which show logarithmic trends. As you can see compared to the original (not log) AO indicator, it follows the momentum on the log-scaled price chart much more closely.