Home >> (Table of Contents) Studies and Indicators >> Technical Studies Reference >> Weighted Average Oscillator
Technical Studies Reference
- Technical Studies Reference
- Common Study Inputs (Opens a new page)
- Using Studies (Opens a new page)
Weighted Average Oscillator
This study calculates and displays a Weighted Average Oscillator of the data specified by the Input Data Input.
Let \(X\) be a random variable denoting the Input Data Input, and let the Fast Average Length and Slow Average Length Inputs be denoted as \(n_F\) and \(n_S\), respectively. Then we denote the Weighted Average Oscillator at Index \(t\) for the given Inputs as \(WAO_t(X,n_F,n_S)\), and we compute it for \(t \geq \max\{n_S,n_F\}\) in terms of Weighted Moving Averages as follows.
\(WAO_t(X,n_F,n_S) = WMA_t(X,n_F) - WMA_t(X,n_S)\)Spreadsheet
The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.
Open it through File >> Open Spreadsheet.
*Last modified Monday, 03rd October, 2022.