Moving Average of Oscillator (OsMA) - indicator for MetaTrader 5
OSMA = MACD - SIGNAL
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.
2pbIdealXOSMA_Candles - indicator for MetaTrader 5
This indicator draws candlesticks in accordance with the color of the bars in histogram of the 2pbIdealXOSMA indicator. Growing candlesticks are colored in light colors, falling are colored in the dark colors
OsMA. OsMA Divergence - indicator for MetaTrader 4
Standard OsMA indicator - indicator for MetaTrader 4
The function returns the handle of the Moving
Average of Oscillator indicator. The OsMA oscillator shows the
difference between values of MACD and its signal line. It has only one
string symbol, // symbol name
ENUM_TIMEFRAMES period, // period
int fast_ema_period, // period for Fast Moving Average
int slow_ema_period, // period for Slow Moving Average
int signal_period, // averaging period for their difference
ENUM_APPLIED_PRICE applied_price // type of price or handle
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video June 2016
Sergey Golubev, 2016.06.10 18:05
What is OsMA indicator?
The oscillator of moving average known as OsMA, is an indicator that
shows the momentum of price action. It is calculated by taking the
difference between a shorter-term moving average and a longer-term
The two most common are the 12 period moving average
and the 26 period moving averages. Because of this, it is best described
as a modification of the MACD indicator.
A cross through the zero or
center line can be a very simple way to decide if momentum is gaining
to the bullish side, or if it is falling to the bearish side. Traders
will use the side of the line that the histogram is on to help them
decide which direction they want to be in a particular market.
OsMA essentially indicates when a security is overbought or oversold, or
when a new trend is forming. If OsMA stops decreasing and starts
increasing, it is the signal for buying. If OsMA ceases increasing and
starts decreasing its' the signal for sale. The discrepancy of the price
and OsMA is a trustworthy signal.
OsMA Color - indicator for MetaTrader 5
Add a little 'animation' to the iOsMA indicator (Moving Average of Oscillator, OsMA) - now the indicator is displayed based on the drawing style DRAW_COLOR_HISTOGRAM