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Oscillator Indicators

  • 2 minutes to read

This document describes the Oscillator indicators used in financial charting.

An Oscillator is an indicator that fluctuates above and below a centerline or between set levels as its value changes over time.

For a 2D XY-series, you can show any number of trend indicators of the following types.

The following image demonstrates the MACD oscillator.

Indicators_Oscillators_Sample

All oscillators can be displayed in a separate pane with a secondary Y-axis. For this, the SeparatePaneIndicator.Pane and SeparatePaneIndicator.AxisY properties should be specified.

Indicators_Oscillators_Axes

To calculate all oscillators, except MACD, several point values are used. To specify this point count, use the PointsCount property of the required indicator.

Indicators_Oscillators_PointsCount

To calculate the MACD oscillator, several point counts are required: short, long and smoothing period. To configure these values, specify the MovingAverageConvergenceDivergence.ShortPeriod, MovingAverageConvergenceDivergence.LongPeriod and MovingAverageConvergenceDivergence.SignalSmoothingPeriod properties.

Note

For more information about indicator periods, refer to the MACD Wikipedia page.

Indicators_MACD_Periods

For the DPO, MACD, RoC, RSI and TriX oscillators, the financial series point value used to calculate an indicator can be specified. To do this, specify the ValueLevel property of the required indicator.

Indicators_Oscillators_ValueLevel