Price Osc

The Price Oscillator indicator is used to calculate the difference between the fast and slow moving averages of a market. It makes value comparisons much more simple and straightforward over longer durations of time.

Default Inputs

Price( close ) sets the price used for calculation.

FastLength( 9 ) sets the number of bars to define the fast period for the oscillator.

SlowLength( 18 ) sets the number of bars to define the slow period for the oscillator.

ColorNomLength( 14 ) sets the number of bars used in the coloring algorithm.

UpColor( yellow ) sets the color for indicator values that are relatively high over ColorNormLength bars.

DnColor( magenta ) sets the color for indicator values that are relatively low over ColorNormLength bars.

GridForegroundColor( black ) sets the color for numbers in Scanner cells when both UpColor and DnColor are set to positive values.