Sentences with phrase «ultimate oscillator»
A long position should be closed when a sell signal (described above) occurs, OR the ultimate oscillator rises above 50 and then falls below 45, or it rises above 70.
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A sell signal appears when there is a bearish divergence (the price reaches a higher high, but the ultimate oscillator does not), OR the ultimate oscillator rises above 50 and then falls below the lowest point reached during the bearish divergence
A short position should be closed when a buy signal (described above) occurs, OR the ultimate oscillator rises above 65, or falls below 30.