Rainbow oscillator Strategy
*Asalam o alaikum* members
Rainbow oscillator market mein honay waly trend ke tabdele ka andaza laganay kay ley estamal kea jata hey or trend ko follow karnay mein bhe madad dayta hey or yeh serf 2 mmkana condition mein estamall kea jata hey upper trend or down trend Rainbow oscillator rainbow chart par mobne hota hey or yeh belkul rainbow moving average ke tarah hey yeh do period ke moving average kay tor par kaam karta hey es ka graph average movement kay darmean sab say high value or sab say low value ko indicate karnay mein help krta hy.
What is Rainbow oscillator indicator?
The Rainbow Oscillator Indicator basically helps to forecast the changes in trend direction. Mel Widner developed the oscillator and described it in July 1997 in the issue of Technical Analysis of Stocks and Commodities magazine. It is based on a two-period simple moving average.
Rainbow oscillator ka working principle simple ha jo market ma trend reversal ko forecast karta ha, ye aik important technical indicator tool samjha jata ha, ye two moving averages ko use karta ha jin ma sa aik highest high values aur dusra lowest low values ka btata ha, ye aik bandwidth lines wala oscillator hota ha, rainbow ma increasing width current trend kay continue honay ko show karti ha, rainbow oscillator ki 80 sa above value ye show karti ha kay market unstability ka shikar ha aur kareeb hi trend reversal honay wala ha, isi tarah rainbow oscillator ki 20 sa below values bhi market ki unstability ko show karti hain aur current trend kay reversal ka sign milta hai.
Uses of Rainbow Oscillator
The Rainbow Oscillator calculates and displays the highest high and the lowest low of one or more simple moving averages to determine market trends. The oscillator curves are created based the moving average calculations. Rainbow indicator ko boht sary trader trade open karny k liye use karty hain.Yeh market trend ko find karny may boht reliable samja jata hai. Jab rainbow oscillator zero line sy above move kar jae to es ka matlab hota hai k yeh up Rainbow down ko above say cross kar raha hai.Yeh trader ko signal provide karta hai k market may up trend start hony wala hai.Jesa k is pic main dekha ja sakta hai.
*Asalam o alaikum* members
Rainbow oscillator market mein honay waly trend ke tabdele ka andaza laganay kay ley estamal kea jata hey or trend ko follow karnay mein bhe madad dayta hey or yeh serf 2 mmkana condition mein estamall kea jata hey upper trend or down trend Rainbow oscillator rainbow chart par mobne hota hey or yeh belkul rainbow moving average ke tarah hey yeh do period ke moving average kay tor par kaam karta hey es ka graph average movement kay darmean sab say high value or sab say low value ko indicate karnay mein help krta hy.
What is Rainbow oscillator indicator?
The Rainbow Oscillator Indicator basically helps to forecast the changes in trend direction. Mel Widner developed the oscillator and described it in July 1997 in the issue of Technical Analysis of Stocks and Commodities magazine. It is based on a two-period simple moving average.
Rainbow oscillator ka working principle simple ha jo market ma trend reversal ko forecast karta ha, ye aik important technical indicator tool samjha jata ha, ye two moving averages ko use karta ha jin ma sa aik highest high values aur dusra lowest low values ka btata ha, ye aik bandwidth lines wala oscillator hota ha, rainbow ma increasing width current trend kay continue honay ko show karti ha, rainbow oscillator ki 80 sa above value ye show karti ha kay market unstability ka shikar ha aur kareeb hi trend reversal honay wala ha, isi tarah rainbow oscillator ki 20 sa below values bhi market ki unstability ko show karti hain aur current trend kay reversal ka sign milta hai.
Uses of Rainbow Oscillator
The Rainbow Oscillator calculates and displays the highest high and the lowest low of one or more simple moving averages to determine market trends. The oscillator curves are created based the moving average calculations. Rainbow indicator ko boht sary trader trade open karny k liye use karty hain.Yeh market trend ko find karny may boht reliable samja jata hai. Jab rainbow oscillator zero line sy above move kar jae to es ka matlab hota hai k yeh up Rainbow down ko above say cross kar raha hai.Yeh trader ko signal provide karta hai k market may up trend start hony wala hai.Jesa k is pic main dekha ja sakta hai.
