Question Details

	Username: LuckyWoman Rating: Asked to: Dara Madee Date Created: 29 Apr 2015
Category	20
Tag	Forex
Question	What is oscillator?

Advice from Guru

Hi Lucky Woman,

A technical analysis tool that is banded between two extreme values and built with the results from a trend indicator for discovering short-term overbought or oversold conditions. As the value of the oscillator approaches the upper extreme value the asset is deemed to be overbought, and as it approaches the lower extreme it is deemed to be oversold.

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