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RE: [amibroker] Price Oscillator



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//Ken Close provided an AA code here a while back that produces a chart that
mimicks the Headsup signals some of
//us follow for timing mutual funds.

//One component of this Headsup Signal is the Price Oscillator of the
Russell 2000.

//I wanted to see this plotted. I couldn't find anything like it in the AFL
library, so I used some of Ken's AA
//code and created a Price Oscillator Indicator. It is very simple and is
one of the few things I have done in
//AFL.

//I turn on the Level 0 to make it easier to see when it goes negative.

//Thanks to Ken for the PRice Oscillator code, all I had to do is Plot it.

//Rik Rasmussen

PriceOsc = ((EMA(Close,19) - EMA(Close,39)) / EMA(Close,39)) * 10000;

Plot (PriceOsc, "Price Oscillator",colorBlue, styleLine);





Rik Rasmussen


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