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  1. #1
    Legendry Member Michael Hodges's Avatar

    Wink This Could Be The Ultimate Oscillator For Binary Options !!!

    This could be the ultimate oscillator for binary options but it is in fact mediocre at best. It does present some interesting ideas such as combining multiple time frames into one tool. As many of you know already, I put a lot of faith in multiple time frame analysis and think it is the key to long term trading success.

    " Larry Williams developed the Ultimate Oscillator in the mid 70′s. His idea was to incorporate multiple time frames into one oscillator in order to weed out false signals. He wanted to alleviate the neccessity of using more than one chart time frame, an admirable endeavor. He found, as is right, that it is useful to use multiple time frame analysis with most oscillators to prevent whipsaws and false signals. In order to do this he measures daily buying and selling pressure then measures those pressures over time."


    The Ultimate Oscillator

  2. #2
    Junior Member
    This seems a really good indicator, can you post a download link please since i've just found a different version of this indicator. Thanks.

  3. #3
    Veteran Member hchandra's Avatar
    I think I know Larry, one of the legend,
    Looking at the indicator, I think that is similar to RSI, stochastic which counting "Where current price located" overall to X period of candles.

  4. #4
    Active Member COGSx86's Avatar
    Average sentiment osiclator indicator is much better,provides direction

    http://http://codebase.mql4.com/7214http://codebase.mql4.com/7214

  5. #5
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by COGSx86 View Post
    Average sentiment osiclator indicator is much better,provides direction

    http://http://codebase.mql4.com/7214http://codebase.mql4.com/7214
    give us more info please.....

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