Extra indicators
Ultimate Oscillator
A momentum oscillator that blends three time frames (7, 14 and 28 candles) to reduce false signals.
Die Idee in einfachen Worten
Single-period oscillators can be fooled by short bursts. Combining short, medium and long windows gives a more balanced view of buying pressure.
So wird gerechnet
Buying pressure is the close minus the lower of today's low and yesterday's close. It is compared with the true range over three windows and combined with weights 4, 2 and 1.
BP = close − min(low, previous close), TR = max(high, previous close) − min(low, previous close)
Avg7 = ΣBP ÷ ΣTR over 7 (likewise 14, 28)
UO = 100 × (4 × Avg7 + 2 × Avg14 + Avg28) ÷ 7Anwendung
- Below 30 then a bullish divergence: Williams' buy setup; above 70 then a bearish divergence: sell setup.
Schlüsse ziehen
- Designed around divergences rather than simple levels.
Beispiel
The price makes a lower low but UO makes a higher low around 28, then rises above the divergence high: a buy signal.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Signals are rare by design.
Ein wenig Geschichte
Larry Williams developed it in 1976 and published it in 1985.
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.