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Price Oscillator

Shows the difference between two moving averages, in points. Unlike MACD which always uses the 12- and 26-day moving averages, Price Oscillator can use any two user-specified values.

To apply a Price Oscillator Trend Indicator

1. From within a chart, from the Edit menu select Studies.
2. Choose Price Oscillator and click Add to add the study to the Applied Studies group.
3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.