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Advance/Decline Divergence Oscillator for Metastock
dan67
over 10 years ago
Metastock

Rating:
0 / 5 (Votes 0)
Tags:
metastock, oscillator

This oscillator plots the percentage difference between the close price and and the time series forecast. Values over 0 indicate that the price is moving away from the forecasted price and into the overbought territory. Values less then 0 indicate the price is moving into the oversold range as it is less then the forecast.

Screenshots

Files

Indicator / Formula

Copy & Paste Friendly
cv:= Input("Time Periods of TSF -",5,100,14);
((CLOSE - TSF(CLOSE, cv))/ TSF(CLOSE, cv)* 100)

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