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Category: Oscillator
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Sales and Support: 022 - 4091 8900
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Study Name -
Price Oscillator Pcnt
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Description
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This is computed by evaluating the difference between slow and fast moving averages as a percentage of the fast moving average
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Interpretation
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Upward crossover is positive i.e. when slow moving average is above fast moving average, buy signal is generated
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Downward crossover is negative i.e. when slow moving average is below fast moving average, sell signal is generated
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Default Parameters Used/Inputs
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- Close Line
- Short Bars
- Long Bars
- Avg Type 1
- Avg Type 2
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Returns/Output
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Price in percentage of the stock
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Formula
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Price osc pcnt=100*(Slow Moving Average - Fast Moving Average)/(Fast Moving Average)
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