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GreenReeper

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GreenReeper

Re: None

Thursday, 11/27/2014 6:40:15 AM

Thursday, November 27, 2014 6:40:15 AM

Post# of 821321
The Ultimate Oscillator measures momentum for three distinct time frames. Notice that the second time is double that of the first and the third time frame is double that of the second. Even though the shortest time frame carries the most weight, the longest time frame is not ignored and this should reduce the number of false divergences. This is important because the basic buy signal is based on a bullish divergence and the basic sell signal is based on a bearish divergence.

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