Osma

TMA + OSMA Scalping System System is based on TMA Bands + OSMA + EMA Zone. Signal is generated when: - price recently touched lower or upper band - price is crossing EMA Zone - OSMA is aligned in direction of trade to be taken Natural Target would be opposite band set by TMA.

Indicator

by skyline-trader

OsMA OsMA : Oscillator of Moving Averages. OsMA is a common index because it is a histogram in the middle of MACD. The histogram in the middle is a little difficult to handle, so I dared to display OsMA like MACD. The one like MACD is OsMA, and the histogram in the middle is the amount of change in OSMA. It is an indicator that is characterized by a strong and quick reaction. OsMAとはMACDの真ん中のヒストグラムなのでありふれた指標です真ん中のヒストグラムだけではちょっと扱い辛いので、あえてOsMAをMACDみたいに表示してみました MACDみたいなやつがOsMAで、真ん中のヒストグラムはOSMAの変化量です強烈に反応が早いのが特徴のインジケーターです

Indicator

DMA: Moving Average of Oscillator Technical Indicator Moving Average of Oscillator (Moving Average of Oscillator OsMA) is the difference between the oscillator and oscillator smoothing. In this case, an oscillator is used the basic MACD line and the smoothing of the signal. Calculate: OSMA = MACD - SIGNAL MACD = EMA(CLOSE, 12) - EMA(CLOSE, 26) SIGNAL = EMA(MACD, 9)

Indicator

Oscillator Moving Average (OsMA)This code for Oscillator of Moving Averages (OsMA) is based on MACD 4C indicator code published by vkno422 . Many thanks to vkno422. I have borrowed the concept of 4 colours which I find very useful. For those who are not familiar with OsMA, it is histogram of difference between MACD (oscillator) and its MA (signal line). The zero line cross over of this indicator is used in many strategies. This version includes MACD & its signal line together with OsMA histogram. I have programmed flexibility for switching OFF/ON individual indicator components as well as changing the periods for various moving averages. I am dedicating this indicator to the TV trading community hoping that people will find it useful.

Indicator

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