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--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxxx>
wrote:
>
> Can you clarify what your mean by this? What is it supposed to do?
>
>
> One very effective tool for measuring price momentum is the 3/10
Oscillator. It is a simple indicator constructed by subtracting the
10 period Exponential Moving Average from the 3 period Exponential
Moving. As an alternative, most charting packages offer construction
of the MACD indicator (Moving Average Convergence-Divergence). The
3/10 Oscillator can be simulated with the MACD by setting the short
term parameter to 3, the long term parameter to 10, and the
smoothing parameter to 1.
When using the 3/10 Oscillator, we are attempting to identify one of
two conditions on successive market swings that move to either new
highs or to new lows.
>
>
>
>
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