Linda Raschke - 3/10 oscillator

The MACD indicator is very useful when thinking of it in terms of momentum and trend and not as a holy grail.

There are many settings that can be used and I prefer to use the settings that reflect the 3/10 oscillator (Raschke).

While you can simply input the numbers 3,10,16 into your standard MACD, the proper 3/10 uses simple averages.