Oscillator
The indicator demonstrates (as a number or as a percentage) the relationship between any two (Moving Averages). The oscillator can be calculated basing both on price (Price Oscillator), and volume (Volume Oscillator).
Parameters:
- N1 - first moving average parameter - short.
- N2 - second moving average parameter - long.
N1 < N2.
Calculation:
The indicator is equal to the variance of the short and long moving averages:
To calculate the indicator as a percentage, it is divided by the short moving average:
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