3/10 Oscillator

3/10 Oscillator measures price momentum. It was created by Linda Bradford Raschke (LBR) as a Moving Average Convergence Divergence indicator, working as the well known MACD, yet the 3/10 Oscillator uses SMAs rather than EMAs. The fast moving average (green line) is a SMA (10) subtracted from a SMA (3). The slow line (red) is then a SMA (16) of the slow line.

3 10 Oscillator Mt4 Indicator

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  • File: 3-10 oscillator.mq4
  • Size: 2 Kb
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