VOGAZ - Technical Analysis Software
The Ultimate Oscillator comparesprices with three oscillators, using three different periods for calculations.The most popular interpretation of the Ultimate Oscillator is price/indicatordivergence.
Oscillators typically compare ainstruments smoothed price with its price x-periods ago. Ultimate Oscillatorthat uses weighted sums of three oscillators, each of which uses a different timeperiod. Values range .
The timeframe and number ofperiods used in plotting Ultimate Oscillator can vary according to desiredsensitivity and the characteristics of the instrument. Typically values of7-periods, 14- periods and 28-periods are used. Note that these time periodsall overlap, i.e. the 28-period time frame includes both the 14-period timeframe and the 7-period time frame. This means that the action of the shortesttime frame is included in the calculation three times and has a magnifiedimpact on the results
No comments:
Post a Comment