Oscillator Simple


Function Name: osc_simp

Tags: Oscillator

Category: Trend

The Simple Oscillator is the simple difference between two Simple Moving Averages.

An oscillator helps determine whether a market is overbought or oversold. These indicators show us when a market has become extreme (moved too far in one direction). When this occurs, the market usually corrects itself by pausing and then moving sideways, or even moving in the opposite direction of the existing trend.

Oscillators also indicate a divergence, usually before it actually occurs, during the extreme price activity. When this occurs, it is usually a sign that a trend is losing momentum.





Default Value: 5  |  Minimum: 1  |  Maximum: 9999


Type: Numeric



Default Value: 35  |  Minimum: 1  |  Maximum: 9999


Type: Numeric