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Indicators

Moving Average of Oscillator (OsMA) - indicator for MetaTrader 5

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Published:
2010.01.26 11:19
Updated:
2016.11.22 07:32
osma.mq5 (5.17 KB)view

Moving Average of Oscillator (OsMA) is the difference between the oscillator and oscillator smoothing.

In this case, the base line of Moving Average Convergence/Divergence (MACD) is used as the oscillator, and the signal line is used as the smoothing.

Moving Average of Oscillator

Moving Average of Oscillator

Calculation:

OSMA = MACD - SIGNAL

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/42

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