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3/10 osilator

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  • 3/10 osilator

    Hi,

    I am a new user. I would like to use a 3/10 oscillator on my charts that was created by Linda Raschke. I have the following instructions but I have no idea how to create the oscillator in e-signal. Any help would be gratefully received. I am sure that you receive this request fairly frequently as Linda has such a big following. There is probably a download somewhere but i have not been able to find it.

    The oscillator is constructed by first subtracting a 10 period simple moving average from a 3 period moving average. This creates the fast line.

    Next create a 16 period sma of the fast line - this is the slow line.

    Then plot a horizontal line at zero across the middle.

  • #2
    Bryan
    If I understood your explanation correctly all you need to do is use a MACD set up as in the attached image.
    Alex

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    • #3
      Thanks for the lightening fast reply Alex

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      • #4
        Bryan
        You are most welcome
        Alex

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