Utilizing the detrended price oscillator and super slow 610 fib stochastic indicators to help me paint a possible pattern formation.
The stochastic is an excellent indiccator but is limited by its range from 0 to 100
The detrended price oscillator has no boundries!
The stoch is still good for finding divergence and trend breaks.
The combination of both helps you determine if stoch is really oversold or overbought or is just getting warmed up for the next leg up or down!
The stochastic is an excellent indiccator but is limited by its range from 0 to 100
The detrended price oscillator has no boundries!
The stoch is still good for finding divergence and trend breaks.
The combination of both helps you determine if stoch is really oversold or overbought or is just getting warmed up for the next leg up or down!