Trend Labs - Advanced Oscillator V2
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Last updated
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This is our most advanced tool that has more than 6 indicators built into one. Its an all-in one oscillator that helps you track money flow, buy/sell pressure, oversold/overbought levels & price changes. This is one of our most powerful tools to read financial price charts. Recommended for more advanced traders in both lower and higher timeframe.
The red and green waves is the money flow that displays the money flowing in and out from an asset. When the money starts to flow in to an asset, the price goes up. When the money is flowing out from an asset, the price starts to go down. This is one of our main features in our advanced oscillator and its highly recommended to combine all tools together.
One of our main feature in the advanced oscillator is both the money flow & momentum, with the green and red confirmation dots. These dots can be seen as momentum confirmation when they confirms. Green is bullish momentum wave. Red is bearish momentum wave.
Our top and bottom signals are accurate signals which only appears when 5 algorithm are met, a green or a red dot will be triggered as signals. These algorithms are developed to calculate on bottom and tops. Recommended to use in combination of multiple signals in TrendLabs Trading Tools.
The Red & Green lines are Overbought & Oversold levels. This is recommended to use as a combination of the other signals in this multi-advanced oscillator.
Volatility Indication is the purple straight line. When this turns on and becomes purple its a strong indication of a bigger move is coming, its a indication of Volatility.
