It appears on the chart as two different types of trading signals (Long/Short) which oscillate without boundaries. When it appears a Long signal, is considered it is starting a market, while it appears a Short signal, is considered it is starting as .
The approximated for the ORTI Oscillator, was calculated by subtracting the value of a 48 period ( ) from a 24 period . The shorter is constantly converging toward, and diverging away from the longer .
This causes ORTI Oscillator, to oscillate around a zero level, then a signal is created, calculated with a traditional Moving Average Convergence/Divergence.
Note: The sample calculation above is the default. You can adjust the parameters based upon your own criteria.