This oscillator is similar to stochastic.
Formulas:
MA_St[i]=100*(Price[i]-MA[i])/Range, where
Range=Max-Min,
Max, Min are a maximum and minimum values (Price-MA) from (i-Period) to (i).
Download:
For this oscillator must be installed Averages indicator (viewtopic.php?f=17&t=2430).
The indicator was revised and updated