The variation between security price moving averages gives the Price Oscillator. It can be expressed in percents as well as in points showing the difference between any averages.

Calculation

The PO Indicator is a difference between the moving averages, built on the basis of two periods:

Price Oscillator 001

where Price Oscillator 002 - moving average of the P price within n periods.

Chart Example

Implementation and Usage

To initialize indicator, use one of the following constructors:

PriceOscillator – set default values: fastPeriod = 7, slowPeriod = 14

PriceOscillator(Int32, Int32, Boolean) – set value for period

PriceOscillator(TimeSpan, TimeSpan, Boolean) – sets time period

Use

OscillatorValue - property to get current value

TradeSignal - property to get indicator trading signal

Example

Copy

 1// Create new instance
 2var indicator = new PriceOscillator(14, 28);
 3
 4// Number of stored values
 5indicator.HistoryCapacity = 2;
 6
 7// Add new data point
 8indicator.Add(CurrentPrice);
 9
10// Get indicator value
11double IndicatorValue = indicator.OscillatorValue;
12// Get previous value
13if (indicator.HistoryCount == 2)
14{
15    double IndicatorPrevValue = indicator[1];
16}