The Ultimate Oscillator combines a stock's price action during 3 different time frames into one bounded oscillator. These 3-time frames are short, intermediate, and long term market cycles - or 7, 14 and 28-period. This Oscillator was created by Larry Williams.It's important to remember that all these time periods overlap - the 28-period time frame comprises the 14-period time … [Read more...]
Ultimate Oscillator : Application & Chart
The Ultimate Oscillator, developed by Larry Williams combines a stock's price action during three different time frames into one bounded oscillator. Values range from 0 to 100 with 50 as the center line. Oversold territory exists below 30 and overbought territory extends from 70 to 100. Ultimate Oscillator uses three time frames which and can be specified by the user. … [Read more...]
Ultimate Oscillator : The Concept
Ultimate oscillator is a technical indicator invented by Larry Williams. Ultimate oscillator uses the weighted average of three different time periods to reduce the volatility and false transaction signals that are associated with many other indicators that mainly rely on a single time period. The Ultimate Oscillator is actually a technical analysis oscillator on a notion of … [Read more...]