is the Elliot Wave Oscillator the same as the OsMA

dotcom · Sep 19, 2012, 4:43pm

Platform: NetDania

NetDania doesn't seem to have the OsMA. i looked through the studies and the only thing they have that looks similar to the OsMA is the MACD and Elliot Wave Osc..

I just finished reading citadel markets binary options book and the OsMA is what they use for their strategy. However they are using Meta4 and i don't want to use that platform.

Vicorka · Oct 1, 2012, 11:57am

OsMA is MACD Histogram, new short name for something that was around for many years. It is difference between MACD and MA applied to MACD.

You do not need Meta4 to ave this indicator. Most of the chart providers will give you this oscillation under "MACD Histogram" name.

For me the problem with this indicator is the lag, plus it constantly needed to be adjusted as trend changes its behaviour (volatility changes).

Good luck, try it first

Sep 19, 2012, 4:43pm	#1
dotcom Member Member Since Aug 2012 63 Posts	is the Elliot Wave Oscillator the same as the OsMA Platform: NetDania NetDania doesn't seem to have the OsMA. i looked through the studies and the only thing they have that looks similar to the OsMA is the MACD and Elliot Wave Osc.. I just finished reading citadel markets binary options book and the OsMA is what they use for their strategy. However they are using Meta4 and i don't want to use that platform. Last edited by dotcom; Sep 19, 2012 at 5:03pm.

Oct 1, 2012, 11:57am	#2
Vicorka Senior Member Member Since Oct 2012 182 Posts	Re: is the Elliot Wave Oscillator the same as the OsMA OsMA is MACD Histogram, new short name for something that was around for many years. It is difference between MACD and MA applied to MACD. You do not need Meta4 to ave this indicator. Most of the chart providers will give you this oscillation under "MACD Histogram" name. For me the problem with this indicator is the lag, plus it constantly needed to be adjusted as trend changes its behaviour (volatility changes). Good luck, try it first

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Elliot wave for ms	mpamias	Trading Software	1	Mar 17, 2010 10:52pm
Elliot Wave	lasart	Trading Software	1	Sep 5, 2008 3:57pm
Elliot wave	charcoalstick	Technical Analysis	0	Jun 10, 2008 3:42am
Fibonacci cluster and Elliot Wave oscillator usage	davn	Technical Analysis	3	Sep 10, 2005 8:44am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)