Volume Weighted 3-10 Momentum Oscillator

[beto_gauer]

Hi there,

I found this code for the 3-10 Momentum Oscillator

threeMA = MA(C, 3);
tenMA = MA(C, 10);
threeTen = threeMA - tenMA;
trendLine = MA(threeTen, 10);

Plot(threeTen, "3-10 Line", colorGreen, styleLine, Null, Null, 0, 0, 2);
Plot(threeTen, "3-10 Line", colorGreen, styleHistogram + styleNoLabel, Null, Null, 0, 0, 2);
Plot(trendLine, "Trend Line", colorBlue, styleLine, Null, Null, 0, 0, 2);
Plot(0, "0 Line", colorGrey40, styleDashed + styleNoLabel, Null, Null, 0, 0, 2);

My idea is to use VWMA instead of MA, so the oscillator won't be based on price alone, thus giving us more reliable readings.

If anyone could code this it would be super, thanks!

[Ammar Yaseen]

beto_gauer:

Hi there,

I found this code for the 3-10 Momentum Oscillator

threeMA = MA(C, 3);
tenMA = MA(C, 10);
threeTen = threeMA - tenMA;
trendLine = MA(threeTen, 10);

Plot(threeTen, "3-10 Line", colorGreen, styleLine, Null, Null, 0, 0, 2);
Plot(threeTen, "3-10 Line", colorGreen, styleHistogram + styleNoLabel, Null, Null, 0, 0, 2);
Plot(trendLine, " Trend Line", colorBlue, styleLine, Null, Null, 0, 0, 2);
Plot(0, "0 Line", colorGrey40, styleDashed + styleNoLabel, Null, Null, 0, 0, 2);

My idea is to use VWMA instead of MA, so the oscillator won't be based on price alone, thus giving us more reliable readings.

If anyone could code this it would be super, thanks!

HI can you please tell me if you have find the indicator for the above code?