That I don't have any **** clue what these indiors measure but from the name Awesome Oscillator it doesnt seem very scientific isnt it?Originally Posted by ;
Gann Fans are just lines drawn to the chart, and pretty subjective...
The ROC oscillator steps acceleration, I've wanted to start looking into it, but I didnt had the time to perform it so far.
However, my indior measures speed, I posted an indior that measured rate, the difference between speed and rate is that the direction, while speed is only a scalar , and also absolute one , velocity steps the management of the price vector.
In simple terms, my velocity indior measures the rate, while involving the management, soIn case the indior is gt;0 that means the (rate is increasing and price is constant) OR ( the rate is constant and the price goes up) if the indior is lt;0 that means the (rate is falling and price is constant) OR (the rate is constant and the price goes down) So to Ascertain which one is increasing You Ought to use both indiors together, and look for divergence between rate velocity:
even if I didnt explained well how to use the indiors, I thought its self explanatory