Moving Average of Oscillator

The Moving Average of Oscillator (OSMA) indicator is the difference between an oscillator and a moving average of the oscillator.

Moving Average of Oscillator

Calculation

In this example, the OSMA is calculated from the Moving Average Convergence/Divergence indicator (MACD) and its signal line. The signal line is a 9 period simple moving average of MACD.

SIGNAL = SMA( MACD, 9 )

OSMA = MACD – SIGNAL


You can find more information about technical indicators in the MetaTrader 4 User Guide. Select Help > Help Topics > Analytics > Technical Indicators.