CitiFX Pro News - Ultimate oscillator (UOS)

 

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Ultimate Oscillator (UOS)
08.01.2012

The Ultimate Oscillator (UOS) is a momentum oscillator that captures momentum across three separate timeframes. The Ultimate Oscillator aims to reduce the pitfalls of other standard oscillators that surge at the beginning of a strong advance but then form bearish signals as the advance continues, this is due to the fact they are stuck with one time frame. The Ultimate Oscillator on the other hand incorporates longer timeframes.

The Ultimate Oscillator combines short-term, medium-term and long-term price into one oscillator, which in turn can be used to determine, buy and sell signals, overbought and oversold markets as well as divergences that warn of future price reversals.

If you want to apply the Ultimate Oscillator go to:

Trading > Charts >  > Oscillators > Ultimate Oscillator (UOS)

As with all other indicators, the Ultimate Oscillator is completely customisable. You can edit the calculations as well as the duration of the three time periods. You can even change its appearance right down to the size and thickness of the trend line!

The screenshot below shows a EURUSD chat with an Ultimate Oscillator indicator applied in a separate pane. If at any point you wish to change the settings, simply click on the indicator name on the top left and select ‘Properties’.

The CitiFX Pro platform is intuitive and completely bespoke – you can create your very own personalised trading environments, all at the click of a button. You can change every little thing from the chart style itself, right down to the grid style and font size! This is perfect for FX traders that need to be able to make quick, informed decisions and need charts that are personalised to them.

If you wish to edit the default settings for a chart simply right click on the chart and select: Settings > Default Settings.

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