Moren Information about:
Link: 1) www.forexdeluxe.com/technical-indicators/elliot-oscillator.htm

Source Code "Elliot Oscillator":

function init()
{
   with (EO) {
     createBuffer("EO");
     setBufferColor("EO", "lime");
     setBufferDrawStyle("EO", DrawStyle.HISTOGRAM);
     setAutoChangeMaxMin("EO");

     createParameter("ShortMA", 5);
     createParameter("SLongMA", 34);
   }
}

function start()
{
   EO.label = "Elliott Oscillator (" + EO.parameter("ShortMA") + ", " + EO.parameter("SLongMA") + ")";

   var num = Shared.numberOfQuotes();
   var Low = Shared.low();
   var High = Shared.high();

   var EOBuf = new Array(num);
   var Buf = new Array(num);

   for (var i = 0; i < num; ++i) {
     Buf[i] = (High[i] + Low[i]) / 2;
   }

   Buf1 = Shared.sma(EO.parameter("ShortMA"), Buf);    Buf2 = Shared.sma(EO.parameter("SLongMA"), Buf);    for (var i = 0; i < num; ++i) {      EOBuf[i] = Buf1[i] - Buf2[i];    }    EO.setBufferData("EO", EOBuf); }