Better Oscillator Indicator
Original website: indicatorvaulthq.com/osc/
Content: indicator, pdf manual
The Better Oscillator Indicator will help you identify excellent entries and exits regardless of what the market is doing: trending or moving sideways.
As its name suggests, Better Oscillator is a better, less-lagging, next-generation oscillator. It beats old-school oscillators (such as MACD, RSI, or CCI) by a wide margin in terms of accuracy.
Because Better Oscillator uses our proprietary “minimal or no lag” algorithm, it’s often a LEADING indicator, giving clear market turning points.
On many occasions, the Better Oscillator indicator shows highs, lows, and divergences well before the price does. In range-bound markets, you may simply buy when the Better Oscillator is below 10 (oversold), and sell when the Better Oscillator is above 90 (overbought).
Pay attention to the 6 arrows pointing to the 6 times the Better Oscillator indicator signals overbought or oversold conditions.
And if you simply bought or sold when the Better Oscillator gave a signal, you would have gotten 6 winning trades.
Pretty easy, isn’t it.
The Better Oscillator indicator even works better in TRENDING markets:
In trending markets, the Better Oscillator is the easiest way to profit from trading pullbacks. It gives you low-risk entries with perfect reward-to-risk ratio. In an uptrend, enter when the Better Oscillator indicator signals oversold conditions (its value is below 10). And in a downtrend, enter when the indicator signals overbought conditions (its value is above 90).
Better Oscillator is the best oscillator for detecting divergences and identifying trend reversals.