Price Oscillator

PriceOscillator(Vector, Short Term Periods, Long Term Periods, MA Type)
PO(Vector, Short Term Periods, Long Term Periods, MA Type)

Overview
Similar to the Volume Oscillator, the Price Oscillator is calculated based on a
spread of two moving averages.

Interpretation
The Price Oscillator is basically a moving average spread. Buying usually occurs when the oscillator rises, and selling usually occurs when the oscillator falls.

Recommended Parameters
Vector: CLOSE
Short Term Periods: 9
Long Term Periods: 14
MA Type: SIMPLE

Example
set BUY = PO(CLOSE, 9, 14, SIMPLE) > 0
Evaluates to buy when the Price Oscillator is in positive territory.