shadowninja
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My understanding of it is that it isn't an indicator but just knowing how it is represented by price action.
2George
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oscillator
It is an oscillator. As I understand it you get your favourite oscillator and adjust the settings so it is as close to the price as is possible in a chart that is trending.
As it is an oscillator, it will adjust to the more volatile charts and it is then a matter of learning how to read it.
It will be well worthwhile learning this skill.
I have blanked out the name of mine as it is proprietory.
George
"Trade what you see and not what you hear or hope"
It is an oscillator. As I understand it you get your favourite oscillator and adjust the settings so it is as close to the price as is possible in a chart that is trending.
As it is an oscillator, it will adjust to the more volatile charts and it is then a matter of learning how to read it.
It will be well worthwhile learning this skill.
I have blanked out the name of mine as it is proprietory.
George
"Trade what you see and not what you hear or hope"
