Price Oscillator

The Price Oscillator is a momentum indicator sometimes also identified as a “Moving Average Oscillator”, since it was built using two Moving Averages with different periods (Long Cycle and Short Cycle).
The Price Oscillator measures the distance between the two moving averages; the Short Cycle is used to replace the price, the Long Cycle defines the trend.

The greater the distance between the Short Cycle and the Long Cycle, the higher the Price Oscillator will be, and the greater the market movement.