Concept The Forecast Oscillator is an extension of the linear regression based indicators developed by Tushar Chande. The Forecast Oscillator plots the percentage difference between the forecast price (generated by an x-period linear regression line) and the actual price. The oscillator is above zero when the forecast price is greater than the actual price. Conversely, it's … [Read more...]
Forecast Oscillator : The Concept
The Forecast Oscillator was developed by Tushar Chande. The Forecast Oscillator is an extension of the linear regression based indicators, by definition. It is a percentage comparison of the price of an issue and the price as indicated by the Time Series Forecast Oscillator. The oscillator is above zero when the forecast price is greater than the actual price. Conversely, … [Read more...]