Pivot based oscillator

[Apprentice]

Based on request.
viewtopic.php?f=27&t=63524

Differential 1: Fast_MA-Slow_MA
Differential 2: Medium_MA-Slow_MA
Differential 3 : Fast_MA-Medium_MA
PP : ((Differential 1+Differential 2+Differential 3)/3)

Pivot based oscillator.lua

(5.73 KiB) Downloaded 712 times

AhrensMovingAverage Pivot based oscillator.lua

(3.59 KiB) Downloaded 722 times

Ahrens Moving Average.lua is available here.
viewtopic.php?f=17&t=62629&p=106064&hilit=Ahrens#p106064

[chipsoft]

Hi Apprentice,

Could you please make a change in Pivot based oscillator. The original calculation method was:
Differential 1: Fast_MA-Slow_MA
Differential 2: Medium_MA-Slow_MA
Differential 3 : Fast_MA-Medium_MA
PP : ((Differential 1+Differential 2+Differential 3)/3)

But I want to change PP in the the above formula and also Overall calculation. So Kindly note down new calculations as:

PivotOsc = ((Diff1 + Diff2 + Diff3) / PP)

Differential 1: Fast_MA-Slow_MA
Differential 2: Medium_MA-Slow_MA
Differential 3 : Fast_MA-Medium_MA
PP: ((H + L + C) / 3)
Also all MA (Fast, Medium and Slow) are calculated (H + L + C) / 3 instead of (H+L)/2.

Kindly call it PivotOsc and convert this into MT4 also.

Thanks

[Apprentice]

Indicator was revised and updated.

[Apprentice]

Differential 1: Fast_MA of Typical Price-Slow_MA of Typical Price
Differential 2: Medium_MA of Typical Price -Slow_MA of Typical Price
Differential 3 : Fast_MA of Typical Price -Medium_MA of Typical Price
Pivot oscillator = ((Diff1 + Diff2 + Diff3) / Typical Price)

Pivot Oscillator.lua

(6.11 KiB) Downloaded 570 times

MT4/Mq4 version
viewtopic.php?f=38&t=64319

[Apprentice]

The Indicator was revised and updated.