VertexFX Client Side Indicator - TS OSC

The TS-Oz is an oscillator based on the change in closing prices. It is a powerful indicator for determining change in trends.

The TS Oz indicator comprises of two components, the main TS Oz (BLUE) and the Signal (RED) component. To calculate the TS Oz, we first calculate the differences between the current and previous close, and similarly the absolute difference between the current and previous close. The E M A of the above two differences for the R FIRST duration is calculated. We again calculate the E M A of the calculated E M As for R SECOND duration. The ratio of this E M A to that of the absolute E M A is multiplied by 100, and this value is the TS Oz.

The Signal component is the SIGNAL PERIOD exponential moving average of the TS-Oz.

BUY! Enter BUY trade when BLUE line closes above RED from below. Both indicators must be below zero level. When both indicators are below -50, it indicates a strong bullish trend is due.

SELL! Enter SELL trade when BLUE closes below RED (Signal) from above. Both indicators must be above zero level. When both indicators are above +50, it indicates a strong bearish trend is due.