Moving Average of Oscillator (OsMA) is difference between the Moving Average Convergence/Divergence and the signal line.
OSMA = MACD-SIGNAL
Those who know the formulas for classic MACD will notice that this is precisely the formula for MACD histogram.
Although this solution already exists, now is available to you as OsMA.
- OsMA.lua
- (3.69 KiB) Downloaded 1649 times
MT4/MQ4 version.
viewtopic.php?f=38&t=65456&p=116504#p116504 Cumulative OsMA will summarize swing Osma values (in pips).