Price Oscillator

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PriceOscillator(Vector, Short Term Periods, Long Term Periods, MA Type)
PO(Vector, Short Term Periods, Long Term Periods, MA Type)

Overview
Similar to the Volume Oscillator, the Price Oscillator is calculated based on a
spread of two moving averages.

Interpretation
The Price Oscillator is basically a moving average spread. Buying usually occurs when the oscillator rises, and selling usually occurs when the oscillator falls.

Recommended Parameters
Vector: CLOSE
Short Term Periods: 9
Long Term Periods: 14
MA Type: SIMPLE

Example
set BUY = PO(CLOSE, 9, 14, SIMPLE) > 0
Evaluates to buy when the Price Oscillator is in positive territory.

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