OpenClose Oscillator

! Open/Close Oscillator - from "The Complete Day Trader" by Jake Bernstein. Copyright Mcgraw-Hill Publishing.

! Use 5-, 10-, 15-, 20- minute intervals. Use 6 to 10 period MA's for the Open, and 12 to 24 period MA's for the Close.

Open is [open].
Close is [close].

SMAOpen is SimpleAvg(open, 6).
SMAClose is SimpleAvg(close, 12).

OCOscBuy if valresult(smaclose, 1) < Valresult(smaopen, 1) and smaclose > smaopen.


OCOscSell if valresult(smaclose, 1) > valresult(smaopen, 1) and smaclose < smaopen.

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Rate of Change

! Rate of Change - from "The Compleat Day Trader", by Jake Bernstein. Copyright Mcgraw-Hill Publishing.

OneDayROC is val([close], 1) / [close].
ThreeDayROC is val([close], 3) / [close].
FourteenDayROC is [close] - val([close], 14).

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