[ZOSO]

Anyone got a ELD for this?

It’s the difference between a 3-day SMA and a 10-day SMA. Plus, there’s a second line which is a 16-period SMA of the 3-10 line.

[thalestrader]

Originally Posted by ZOSO »

Anyone got a ELD for this?

It’s the difference between a 3-day SMA and a 10-day SMA. Plus, there’s a second line which is a 16-period SMA of the 3-10 line.

Hi there,

Use MACD or Price Oscillator and set it to 3 slow, 10 fast, witha 16 period smoothing.

Best Wishes,

Thales

[Frank]

Inputs: Price(Close), Avg1(3), Avg2(10), Avg3(16), StdDsp(1);

IF Currentbar>30 Then Begin
IF StdDsp=1 Then
Value1=Average(Price,Avg1 )-Average(Price,Avg2);
IF StdDsp<>1 Then
Value1=Average((Price-(Average(Price,3)[3])), 2);

Value2=Average(Value1,Avg 3);

Plot1(Value1,"3/10Line");
Plot2(Average(Average(Pri ce,Avg1)-Average(Price,Avg2),Avg3) ,"16Line");
Plot3(0,"ZeroLine");
End;