Category Trend  Published on 03/08/2012

Chande Forecast Oscillator

Description

The Forecast Oscillator plots the percentage difference between the closing price  and the forecast price  which is  an N period linear regression line. The oscillator is above zero when the forecast price is greater than the closing price. Conversely, it is less than zero if it is below. In the rare case when the forecast price and the actual price are the same, the oscillator would plot zero

 


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sktrader

Joined on 03.08.2012

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: ForecastOscillator.algo
  • Rating: 5
  • Installs: 3435
  • Modified: 13/10/2021 09:54
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