HPotter

D_Three Ten Osc on the Intraday

395 0 40
Hi
Let me introduce my D_Three Ten Osc script.
This indicator allows the
user to plot a daily 3-10 Oscillator on a Tick Bar Chart or any intraday interval.
Walter Bressert's 3-10 Oscillator is a detrending oscillator derived
from subtracting a 10 day moving average from a 3 day moving average .
The second plot is an 16 day simple moving average of the 3-10 Oscillator.
The 16 period moving average is the slow line and the 3/10 oscillator is
the fast line.
For more information on the 3-10 Oscillator see Walter Bressert's book
"The Power of Oscillator/Cycle Combinations"
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////////////////////////////////////////////////////////////
//  Copyright by HPotter v1.0 24/04/2014
// TradeStation does not allow the user to make a Multi Data Chart with 
// a Tick Bar Chart and any other type a chart. This indicator allows the 
// user to plot a daily 3-10 Oscillator on a Tick Bar Chart or any intraday interval.
// Walter Bressert's 3-10 Oscillator is a detrending oscillator derived 
// from subtracting a 10 day moving average from a 3 day moving average. 
// The second plot is an 16 day simple moving average of the 3-10 Oscillator. 
// The 16 period moving average is the slow line and the 3/10 oscillator is 
// the fast line.
// For more information on the 3-10 Oscillator see Walter Bressert's book 
// "The Power of Oscillator/Cycle Combinations" 
////////////////////////////////////////////////////////////
study(title="D_Three Ten Osc", shorttitle="D_Three Ten Osc")
Length1 = input(3, minval=1)
Length2 = input(10, minval=1)
Length3 = input(16, minval=1)
hline(0, color=green, linestyle=line)
xPrice =  security(tickerid,"D", hl2)
xfastMA = ema(xPrice, Length1)
xslowMA = ema(xPrice, Length2)
xMACD = xfastMA - xslowMA
xSignal = sma(xMACD, Length3)
plot(security(tickerid, "D", xMACD), color=blue, title="D_Three Ten Osc")
plot(security(tickerid, "D", xSignal), color=red, title="D_Three Ave")
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