//------------------------------------------------------------------------------
//
// Formula Name: Ergodic Oscillator
// Author/Uploader: Prakash Shenoi
// E-mail:
// Date/Time Added: 2006-08-10 10:08:00
// Origin:
// Keywords:
// Level: basic
// Flags: indicator
// Formula URL: http://www.amibroker.com/library/formula.php?id=672
// Details URL: http://www.amibroker.com/library/detail.php?id=672
//
//------------------------------------------------------------------------------
//
// Ergodic Oscillator uses a double-smoothed ratio of the difference between
// the Close and Open prices and the difference between High and Low. The
// default periods of average1 is between 11 and 32 and the default of
// average2 ranges between 4 and 13, which can be varied by right clicking the
// Param function.
//
//------------------------------------------------------------------------------
/*Ergodic Oscillator */
/*Coded by Prakash Shenoi */
x=Param(" Average 1",11,2,32);
y=Param(" Average 2",4,3,12);
erg=(EMA(EMA(C-O,x),y)/EMA(EMA(H-L,x),y))*100;
Sg=EMA(erg,5);
Plot (erg,"Ergodic Oscillator ",styleLine,1);
Plot (Sg,"Signal",colorRed,styleLine,1);
GraphXSpace=3;
