Oscillator Line
Last updated
Last updated
The core of the tool, this oscillator visualizes shifts in market momentum, helping to identify potential trend changes or continuations.
This primary oscillator tracks shifts in market momentum. Traders can use it to identify points where momentum is increasing (suggesting trend strength) or decreasing (indicating potential reversals).
For example, if the oscillator weakens while price continues upward, it may signal a trend exhaustion and potential reversal.
However, when the oscillator shows strong momentum in the same direction as price, it often confirms the trend.