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Re: Garden Rose post# 40

Monday, 03/05/2012 2:32:20 PM

Monday, March 05, 2012 2:32:20 PM

Post# of 96
Rose, an OB/OS Oscillator is a market indicator that fluctuates above and below a center line or between set levels as its value changes over time. Oscillators can remain at extreme levels (overbought or oversold) for extended periods, but they cannot trend for a sustained period. In contrast, a security or a cumulative indicator like On-Balance-Volume (OBV) can trend as it continually increases or decreases in value over a sustained period of time. (definition was from stockcharts.com)

The oscillators I use in my charting are the RSI, Stochastics and %R. I'm thinking of adding Williams Ultimate Oscillator because it takes momentum into consideration and the other oscillators I use no do not. Here are some of the other Oscillators as defined by John Murphy's wed site stockcharts.com

http://stockcharts.com/search/index.html?q=OB%2FOS%20oscilators§ion=cs&start=0

Hope that helps!
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