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Date/Time: Wed, 24 Apr 2024 07:41:39 +0000



Does SC have an OsMa Indicator?

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[2017-04-11 02:17:02]
Mike_S - Posts: 42
OsMa Indicator Definition

Moving Average of Oscillator (OsMA) is a technical analysis tool that reflects the difference between an oscillator (MACD) and its moving average (signal line).

Thanks
[2017-04-11 06:41:08]
Sierra Chart Engineering - Posts: 104368
This can be done by using the Study Subgraphs Difference study:
https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.php#s227

However, the MACD study already has the calculation you want.
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[2021-01-14 16:40:30]
User308424 - Posts: 68
Hi Mike, did you manage to get what you want? I also looking for an OsMA indicator for SC. Would you be able to help with that?
Thanks
[2021-01-14 17:20:51]
Ackin - Posts: 1865
User308424)

Custom Studies: Osma or Osma adaptive
Library Free (2019)

https://www.sierrachart.com/UserControlPanel.php?page=StudyStore&SCDLLName=zyp_download_free
Date Time Of Last Edit: 2021-01-14 17:21:32
imageimage_3708.png / V - Attached On 2021-01-14 17:15:17 UTC - Size: 107.57 KB - 229 views
[2021-01-14 18:44:31]
User90125 - Posts: 715
OsMA is simply the histogram of the MACD indicator. That's it. Nothing special to see here.

For context, the histogram is a recent addition to the original MACD indicator developed by Gerald Appel, back in the early 80s.

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