The Price Oscillator study calculates the difference between two moving averages of price: the fast and the slow ones; average type is customizable via input parameters. You can choose any of the supported average types: simple, exponential, weighted, Wilder's, or Hull.
It is considered a Buy signal when the Price Oscillator values rise above zero, and a Sell signal when the values fall below zero.
||The number of bars defining the coloring algorithm.|
||The number of bars used to calculate the fast moving average.|
||The price used to calculate the averages.|
||The number of bars used to calculate the slow moving average.|
||Defines the type of moving average to be used in calculations.|
||The Price Oscillator.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.