What is the Ultimate Oscillator and How to Use It?

What is the Ultimate Oscillator and How to Use It?

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IQ Option latest guide has focused on the Ultimate Oscillator which combines all elements of price action into one easy to manage tool.

They have released guides to important price analysis tools, such as Ichimoku and Alligator in recent weeks and months. But, as the name suggests, the Ultimate Oscillator is one of the most crucial for all areas of trading and periods that you are trading within. The Ultimate Oscillator uses “not one but three distinct timeframes to make its readings more accurate and prevent the formation of false divergences” according to IQ Option.

75% of retail investor accounts lose money when trading CFDs with this provider

There are three main times when a signal is received. These are;

 1) a bearish divergence is present,

2) the high of the divergence is above the 70 line

3) the oscillator then falls below the lowest point observed during the divergence.

In the guide, they define exactly what the Ultimate Oscillator is and how it can be used in your trading activities. They also provide the reader with the exact details about how traders can access it when trading on their platform by simply selecting the option from the wide range of other options that they offer traders of their service can use.

Go to IQ Option to learn more now.

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