I am needing help creating the LBR 3/10 Oscillator indicator. There is an one on the forum that is built but i'm not sure it is correct.
This is how to calculate...
To construct this oscillator, first subtract a 10 period simple moving average from a 3 period simple moving average. We often refer to this as the "fast line." Next, create a 16-period simple moving average of the "fast line" - we refer to this line as the "slow line." It is also useful to plot a horizontal line at the zero value.
Thank you...
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