Review of "Trading technique based on Ultimate Oscillator" for gaining profit

AOA.

Ultimate oscillator ik technical indicator hai jis ko 1976 ma larry willium ny develop kiya. Ye oscillator mutilple time frame ma price momentum ko measure karta hai. Three different timeframe ki weighted average ko use karny sy es indicator ki less volatility hoti hai or other oscillator kay mukablay ma ye less signal mohaya karta hai jo single time frame ko use karty hain. Divergence ko use kar kay buy or sell signal ko use kiya jata hai. Ultimate indicate other indicator ki nisbatan kam divergence signal ko generate karta hai kiu kay ye multiple time frame ko use karta hai.



Some important elements of ultimate oscillator.

Ye indicator three timeframes ko use karta hai calculation ma jis ma 7, 14 or 28 periods shamil hain. En period ma shortest time frame ka calculation ma bhot zayada weight hota hai or longer timeframe ka calculation ma least weight hota hai. Buy signal tb occur karta hai jb bullish divergence hoti hai. Es time par divergence indicator ki 30 value sy below hota hai. Es kay bad oscillator divergence sy higher rise hota hai. Same es he tarha sell signal tb create hota hai jb bearish divergence hoti hai. Es time par divergence indicator ki value 30 sy above hoti hai. Eskay bad oscillator divergence sy lower fall kar jata hai.



Calculation of the ultimate oscillator.

Ultimate oscillator rangebound indicator hai jis ki value zero sy 100 kay bech ma fluctuate karti rehti hai. Ye relative strength index ki tarha 30 sy below ho to oversold state ko show karti hai or agr 70 sy high ho to ye overbought state ko show karta hai. Trading signal es time par generate hoty hain jb price indicator kay opposite move karti hai. Secondly, es indicator ki value three step value par depend karti hai. William ny mutiple time frame ko use kar kay ultimate indicator ko develop kiya ta kay wo es indicator ki movement ko smooth kar saky. Es tarha wo trader ko zayada reliable signal farham karta hai or false signal ko kam sy kam produce karta hai.



Difference between ultimate and stochastic oscillator.

Ultimate oscilator ma three time frames use kaye jaty hain jb kay stochastick oscillator ma serf ik time period use hota hai. Stochastick oscillator ma single line use hoti hai jb kay ultimate oscillator ma esa ni hota. But en both ma ik chez common hai kay ye both divergence ko use kar kay signal provide karty hain. Both kay signal different hoty hain kiu kay enki calculation different hoti hai. Kiu kay ye oscillator three step method ko use karta hai es laye ye poor trades ko filter karny kay sath sath good trades ko bi eliminate kar deta hai. Har reversal point par divergence ni hoti or reversal es time par occur ni karty jb market overbought ya oversold state ma hoti hai. So trader ko es oscillator ko alone use ni karna chahe. Other technical tools ko es laye use kiya jata hai kay bad signals ko eliminate kiya jaye. Main technical tool ma price action shamil hai.

Re: Review of "Trading technique based on Ultimate Oscillator" for gaining profit

yes dear, ultimate oscillator ko Larry William nay develop kia jis ka maksad multiple time frames main price momentum ko measure karna tha, in calculations kay liay indicator main three time frames (7, 14 aur 28 periods) ko use kia gia, oscillator ki calculations main shorter time frame ka sab sa ziada weight consider hota hay jab kay long time frame ka less weight,

Description of Ultimate Oscillator:





ultimate oscillator indicator aik aisa technical anaylisis tool hay jisko traders three time frames kay across use kar kay momentum measure kartay hain, ye short term, intermediate term aur long term price actions ko aik oscillator main combine karta hay, jis ki base par ye overbought aur oversold ya potential buy aur sell signals faraham karta hay, is main price action ki confirmation kay sath sath future price reversals ki divergence sa bhi warn karta hay,

provision of potential buy and sell signals:



ye oscillator bullish divergence ki waja sa buy signal daita hay, jab indicator par divergence ka low 30 sa below hota hay to ye oscillator high divergence sa above rise karta hay jis kay result main buy signals generate hotay hain, isi tarah bearish divergence ko surat main divergence ka high 70 sa above hota hay aur oscillator divergence kay low sa below fall karta hay is bina par ye indicator sell signals provide karta hay

Indications for traders by ultimate oscillator:




ye aik range bound oscillator hota hay jis ki value 0 sa 100 kay darmian fluctuate karti hay, ye relative strength index kay kafi similar hota hay, jis main 30 sa below levels oversold ki indications daitay hain aur 70 sa above levels overbought ko indicate kartay hain, trading signals us waqt generate hotay hain jab prices indicator ki opposite direction main move karti hain,