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Ultimate Oscillator

Momentum oscillator designed to capture momentum across 3 different time frames.

  • Rises when buying pressure is strong.
  • Falls when buying pressure is weak.
  • Below 30 oversold
  • Bullish when it crosses through 50 in upwards direction.
  • Above 70 overbought
  • When price trend is going up and ultimate oscillator is going down, its signalling a fall. (bearish divergence) 
  • When price trend is going down and ultimate oscillator is going up, its signalling a rise. (bullish divergence) 

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