Moving Averages Oscillator displays the difference between the oscillator and the smoothing of oscillator. In this case, the basic line of MACD is used as an oscillator, and the signal line of MACD is used for smoothing.The signal for buying is given, when OSMA stops falling and begins growing. The signal for sale is given, when OSMA ceases growing and begins falling. The divergence of the price and OSMA is a good signal.
Thursday, July 10, 2008
Moving Average of Oscillator
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