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< Return to Glossary

Ultimate Oscillator

An oscillator that attempts to combine information for several different time periods into one number. Three different time periods are used, typically a 7-day period, a 14-day period, and a 28-day period. The resulting oscillator is "bounded" in that it moves between 0 and 100 with 50 as the center line. 70 and 30 are used as overbought/oversold levels.
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