Ehler's Elegant Oscillator with MA Averages Filters for Price Pre-Smoothing
This is an average prices pre-smoothed version of Ehler's elegant oscillator. Still using Josi's excellent idea of a signal line and now more of a choice of averages for that too. With this version there is a choice of coloring on elegant slope or elegant/signal line cross.
PS: If you are new to this indicator and would like to read the full article by John Ehlers, please see: Elegant Oscillator PDF.