What are Oscillators and Moving Averages?
. They are secondary techniques, often misapplied because the users do not fully understand how to use them correctly. Actually very simple to use, but in a nutshell, use oscillators in a range bound market and moving averages in trends, both are calculated by the computer with the oscillator sitting below the chart giving “buy/sell” signals and the moving average following the price action on the chart area giving signals from there. Used incorrectly they will cost you money.
A. They are secondary techniques, often misapplied because the users do not fully understand how to use them correctly. Actually very simple to use, but in a nutshell, use oscillators in a range bound market and moving averages in trends, both are calculated by the computer with the oscillator sitting below the chart giving “buy/sell” signals and the moving average following the price action on the chart area giving signals from there. Used incorrectly they will cost you money.
