Track Cyclical Oscillator: Price Deviation from a Moving Average

Summary

Track Cyclical is an oscillator that expresses the applied price’s percentage deviation from a moving average. Its calculation compares the selected price with a simple moving average over a configurable period, divides the difference by that average, and scales the result by 100. The indicator therefore shows whether price is above or below its average in relative terms, rather than in raw price units.

The description lists adjustable settings for the calculation period, method, and applied price, along with six threshold levels covering normal, abnormal, and exceptional overbought and oversold zones. These settings provide ways to tailor both the input series and the interpretation bands. The document does not define how to trade the thresholds, explain parameter selection, or provide examples or performance evidence. The oscillator’s readings may depend on the chosen averaging inputs and cutoffs, so the description alone does not establish predictive value.

Key ideas

• The oscillator measures price deviation from its moving average as a percentage.
• Its calculation uses the selected applied price and a configurable simple moving average.
• Six adjustable bands divide overbought and oversold readings into three severity levels.
• The description provides no trading rules, parameter guidance, or performance evaluation.

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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.