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3-10 oscillator

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  • 3-10 oscillator

    Anyone able to help me build a simple 3-10 oscillator ?
    Its as follows:

    The Fast line is : (3 period sma) - (10 period sma)
    Slow line is : 16 period sma of fast line

    Thanks folks.

  • #2
    sgarbs
    Use the MACD. Use 3 for FasLen, 10 for SlowLen and 16 for Smoothing.
    Then make sure there is a a checkmark in Simple Moving Average for both Oscillator and Signal.
    If you want the same as an efs with all the parameters adjustable click here and download basicMACD.efs
    Alex

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    • #3
      alex

      Thanks for the idea.
      I feel silly asking this, but on the fast line im looking for the 3sma minus the 10sma... with the slow line as the 16sma of the fast line. I understand the smoothing equates to the latter (slow line), but does the 3sma minus the 10sma equate to the 3,10 macd ?

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      • #4
        sgarbs
        The MACD component is the difference between the 3 sma (FasLen) and the 10 sma (SlowLen). That is your Fast Line
        Then the Smoothing (or Signal) is a moving average of that difference and that is your Slow Line
        Hence if you use a 3,10,16 MACD the result will be exactly what you asked for.
        Alex
        Last edited by ACM; 07-29-2003, 01:11 PM.

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