This is a price momentum oscillator for ThinkorSwim. It is computed by taking the rate of change over N bars, then smooths that with an averaging function. In this case, it uses the Hull Moving average with a given period M.
It can be used as an indicator of relative strength, internal strength or price movement.
The indicator is a txt file, so you can either copy/paste the content into a new study in ToS or rename the file to a .ts extension and import it.
Category The Elite Circle
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