indicator and oscillator settings

the two most often used tools i use is this indicator/oscillator pair:


the top is an oscillator:


and my settings are:




the bottom one:





is an indicator:



you need to import the same indicator two times.

you set one sto to:





and the other one to:





the first one that is plotting in white is the fast settings


the second one in red is the slow settings


now you grab either one of the two indies with your mouse and drag the entire thing over the other indi


our outcome is the white fast line overlapping the red short setting line


like so:





Principle:

oscillators are measuring momentum (=tool for sideways markets)

indicators are measuring trend (=tool for directional markets)



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