Raschke's 3/10 oscillator in Ensign

W

whodat

I'd like to create her oscillator in Ensign. One line is the difference between a 3 period simple moving average and a 10 period simple moving average. The second line is a 16 period simple moving average of the first line (3/10 line). Does anyone know how to do this in Ensign or can point me in the right direction?

Thanks,

Dan D.
 
Quote from WaveStrider:

can't u just put a MACD on the chart and change the settings to 3/10/16?
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I don't know if it would be the same. It seems like if this would work someone would have pointed it out in the articles that I've read. I'll give it some thought.

Thanks.
 
I don't know how Ensign works, but typically software programs build their MACD's with exponential moving averages, not simple. And LBR's 3-10-16 MACD setups will not work with exponential moving averages.

How did you find out about LBR's 3-10-16 MACD? She hasn't mentioned it in years AFAIK.
 
FYI, Ensign will allow you to change the formula from exponential to simple (among 8 other formulas) so it would be feasible to use MACD to get what you want.
 
Quote from WaveStrider:

can't u just put a MACD on the chart and change the settings to 3/10/16?
More...

After researching how MACD is constructed it seems to be the same if I change from exponential to simple moving averages.

Thanks,

Dan D.
 
Quote from hughb:

I don't know how Ensign works, but typically software programs build their MACD's with exponential moving averages, not simple. And LBR's 3-10-16 MACD setups will not work with exponential moving averages.

How did you find out about LBR's 3-10-16 MACD? She hasn't mentioned it in years AFAIK.
More...

As Allen said, Ensign gives one the flexibility to use different types of moving averages.

I was rereading her Street Smarts book and decided to look at the oscialltor again.

Dan D.
 
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