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PZ Oscillator

This is a smooth and responsive accelerometer which reveals the market trend and strength.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Two moving averages indicate trend direction
  • The histogram represents strength of the price movement
  • It draws buy and sell zones as colored vertical lines
  • Should be used as a confirmation indicator
  • Customizable line widths and colors
  • It implements alerts of all kinds
This indicator is similar to MACD but aims to react faster to price changes.

Input Parameters

  • Period: Period in bars for the oscillator
  • Averaging: Averaging period for the oscillator
  • Max History Bars: Amount of past bars to evaluate upon loading
  • Display Zones: Enable or disable vertical buy and sell zones
  • Alerts: Enable or disable alerts of all kinds

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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Version 4.0 2019.08.11
- Bug fixes
Version 1.3 2015.03.19
- Fixed slowdown problem