Ultimate Oscillator
The Ultimate Oscillator is sensitive to buying and selling pressure and offers reliable signals.
Larry Williams developed the Ultimate Oscillator to address the problems experienced with most oscillators when used over different lengths of time.
Signals are based on divergence and a breakout in the Oscillator's trend, as well as overbought and oversold levels.
Williams noted that the value of oscillators can vary greatly depending on the number of time periods used during the calculation. The Ultimate Oscillator, therefore, uses weighted sums of three oscillators which represent short, intermediate, and long term market cycles (7, 14, & 28-period). It is plotted as a single line on a vertical scale of 0 to 100.
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Ultimate Oscillator
Linear Mode
