Summary
The Rainbow Oscillator is a process of repetitive smoothing of simple moving averages resulting in a full spectrum of trends.
Syntax
public RainbowOscillator RainbowOscillator(DataSeries source, int levels, MovingAverageType maType)
Parameters
| Name | Description |
|---|
Example 1
//...
private RainbowOscillator rainbow;
protected override void Initialize()
{
MovingAverageType simpleMa = MovingAverageType.Simple;
DataSeries close = MarketSeries.Close;
rainbow = Indicators.RainbowOscillator(close, 9, simpleMa);
//...
}
public override void Calculate(int index)
{
double currentValue = rainbow.Result[index];
//...
}