that shows the direction
of two separate moving averages
either in the form
on a graph. Users of price oscillators are able
to define preferences
such as the ability to define any two time periods
that he or she desires. Price oscillators are often compared to MACD
without the time restrictions. There are two formulas
used to plot price oscillators depending on how the user wants the data to be displayed (points or percentages). To plot percentages one must take
the shorter moving average minus the longer moving average and divide it by the longer moving average.
This sum must then be multiplied by 100 to determine
the percentage. To plot points the user will need to subtract
the shorter moving average minus the longer moving average.