"ProjectionOscillator" (Financial Indicator)

Sometimes abbreviated as PJO.

Is a statistical indicator.

Was developed by Mel Widner.

Is computed using the high, low, and close prices.

Returns one time series, the close rescaled so that the lower and upper bands of the 14-period projection bands indicator are respectively 0 and 100.

FinancialIndicator["ProjectionOscillator",n] uses n-periods projection bands.

Examples