Price Oscillator Points

The Price Oscillator displays the difference between two moving averages of a security's price. The difference between the moving averages can be expressed in either points or percentages. The Price Oscillator is almost identical to the MACD, except that the Price Oscillator can use any two user-specified moving averages. (The MACD always uses 12 and 26-day moving averages, and always expresses the difference in points.)

Moving average analysis typically generates buy signals when a short-term moving average (or the security's price).

Price Oscillator Points(Parameters)

1. Range. Any range of data, e.g. array of Close, Low prices, Volume, etc.
2. Output range. The cell reference for the range of output data.
3. Period1. Number of values used for calculation
4. Period2. Number of values used for calculation