ultimateoscillator
Ultimate Oscillator is a momentum oscillator that uses multiple timeframes to measure buying and selling pressure. It helps identify overbought and oversold conditions and potential trend reversals.
ultimateoscillator (tick)
Ultimate Oscillator is a momentum oscillator that uses multiple timeframes to measure buying and selling pressure. It helps identify overbought and oversold conditions and potential trend reversals.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 20 | The lookback period in minutes |
shortPeriod | number | 7 | Short period for buying/selling pressure |
mediumPeriod | number | 14 | Medium period for buying/selling pressure |
longPeriod | number | 28 | Long period for buying/selling pressure |
shortWeight | number | 4 | Weight for short period |
mediumWeight | number | 2 | Weight for medium period |
longWeight | number | 1 | Weight for long period |
SQL example
TICK ultimateoscillator WITH minutes=20 > 70 THEN order SET size=100, price=51.00, transmit=trueelderforceindex
Elder Force Index combines price movement and volume to measure the power behind price moves. It helps identify trend strength and potential reversals.
ppo
Percentage Price Oscillator (PPO) is a momentum oscillator that shows the percentage difference between two moving averages. It is similar to MACD but uses percentage difference instead of absolute difference, making it more suitable for comparing different securities.