Extra indicators
Ultimate Oscillator
A momentum oscillator that blends three time frames (7, 14 and 28 candles) to reduce false signals.
L’idée en termes simples
Single-period oscillators can be fooled by short bursts. Combining short, medium and long windows gives a more balanced view of buying pressure.
Mode de calcul
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) ÷ 7Comment l’utiliser
- Below 30 then a bullish divergence: Williams' buy setup; above 70 then a bearish divergence: sell setup.
Tirer des conclusions
- Designed around divergences rather than simple levels.
Exemple
The price makes a lower low but UO makes a higher low around 28, then rises above the divergence high: a buy signal.
Les prix des exemples sont donnés à titre d’illustration.
Points de vigilance
- Signals are rare by design.
Un peu d’histoire
Larry Williams developed it in 1976 and published it in 1985.
Contenu éducatif uniquement. Aucun indicateur ni aucune figure ne prédit l’avenir, et rien ici ne constitue un conseil en investissement.