Better Oscillator Indicator
Original website: indicatorvaulthq.com/osc/
Content: indicator, pdf manual
The Better Oscillator Indicator will help you identify excellent entries and exits regardless of what the market is doing: trending or moving sideways.
As its name suggests, Better Oscillator is a better, less-lagging, next-generation oscillator. It beats old-school oscillators (such as MACD, RSI, or CCI) by a wide margin in terms of accuracy.
Because Better Oscillator uses our proprietary “minimal or no lag” algorithm, it’s often a LEADING indicator, giving clear market turning points.
On many occasions, the Better Oscillator indicator shows highs, lows, and divergences well before the price does. In range-bound markets, you may simply buy when the Better Oscillator is below 10 (oversold), and sell when the Better Oscillator is above 90 (overbought).
Pay attention to the 6 arrows pointing to the 6 times the Better Oscillator indicator signals overbought or oversold conditions.
And if you simply bought or sold when the Better Oscillator gave a signal, you would have gotten 6 winning trades.
Pretty easy, isn’t it.
The Better Oscillator indicator even works better in TRENDING markets:
In trending markets, the Better Oscillator is the easiest way to profit from trading pullbacks. It gives you low-risk entries with perfect reward-to-risk ratio. In an uptrend, enter when the Better Oscillator indicator signals oversold conditions (its value is below 10). And in a downtrend, enter when the indicator signals overbought conditions (its value is above 90).
Better Oscillator is the best oscillator for detecting divergences and identifying trend reversals.
Wir empfehlen außerdem
ISWING 3.0(Unlimited Version) + BAR IPRO V9.1(UNLIMITED VERSION)