Oscillator - MA of Oscillator (OsMA)

OSC1 - MA OSC1 (OsMA) plots a line that represents the difference between the first oscillator and the moving average of the first oscillator.

The calculation of OsMA subtracts the value of MA OSC1 from the value of OSC1.

OsMA is the display of the difference between the first Oscillator and the Moving Average of the first Oscillator.

Oscillator 1 and OsMA are calculated as follows:

Oscillator 1 = Moving Average 1 - Moving Average 2

OsMA = Oscillator 1 - Moving Average 3 of Oscillator 1

Oscillator - MA of Oscillator Parameters

Parameter	Description
Display	Opens sub-window to set parameters • Color = Line color. • Weight = Line thickness. • Display = Line style: line or histogram. • ShareScale = Determines whether sharing of the vertical scales between studies is accepted. Auto = System determine whether sharing is feasible. On = Scale is shared regardless of the functions and studies displayed. Off = Scale is not shared. ShareScale must be On if study is overlaid on a study with multiple outputs.
MarkIt	Opens Specify Conditions window.
Offset	Distance in bars between the current bar and the bar to use in the calculation. A positive offset uses future bars. A negative offset uses past bars. For example: 1 = next bar -2 = two bars back from current bar
Type	Moving average calculation. Values: • Simple • Smoothed • Exponential • Weighted • Centered
Period	Number of bars in the lookback range.
Price	Price used to calculate study values.
OB/OS	Opens sub-window with overbought and oversold parameters: • Color = Select a color for the line. • Weight = Choose a thickness for the indicator. • Type = Choose fixed or dynamic. Fixed = uses Level as a fixed OB/OS value. Dynamic = uses Standard Deviation and Lookback for a dynamic OB/OS value:. OB: MA(@,Sim,lookback) + factor * STDDEV(@,lookback) OS: MA(@,Sim,lookback) - factor * STDDEV(@,lookback) where @ is the study • Std Dev = Multiplier used to calculate high and low. • Lookback = Number of bars to compare to the current bar. • Level = Percentage of average OB/OS used to calculate predictor Ob/OS levels. • Display = Click this check box to display the component. • Style = Choose a line style.