Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61978
Forum: 38 · Topic 61978 · 1 post(s)
Alexander.Gettinger · Mon Mar 09, 2015 3:43 pm
Original LUA oscillator: viewtopic.php?f=17&t=61405.
This indicator was discussed in the December 1997 Technical Analysis of Stocks & Commodities magazine, page 19. The article was written by Cyril V. Smith Jr.
Initially , This indicator, a long - term stock market investment tool, compared the performance of the S&P 500 to the New York Stock Exchange index to measure sentiment. The theory is that investors have a preference for certain types of investments.
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