custom osc study

[bandraguy]

Can someone help me to create an osc using the following formulas:

All simple moving averages...

Value1=average(close,3);
Value2=average(close,10);
Value3=value1-value2;
Value4=(value3-average(value3,16));
Value5=0;
plot1(value4,"osc");
plot2(value5);

[JayF]

This should be what you are looking for.