This is a smooth and responsive PZ Oscillator accelerometer which reveals the market trend and strength.

PZ Oscillator
  • Two moving averages indicate trend direction
  • The histogram represents the strength of the price movement
  • It draws buy and sell zones as colored vertical lines
  • Should be used as a confirmation indicator
  • Customizable line widths and colors
  • It implements alerts of all kinds

This indicator is similar to MACD but aims to react faster to price changes.

  • Period

Period in bars for the oscillator

  • Averaging

Averaging period for the oscillator

  • Max History Bars

Amount of past bars to evaluate upon loading

  • Display Zones

Enable or disable vertical buy and sell zones

  • Alerts

Enable or disable alerts of all kinds