Get to know the Oscillator Indicator

The oscillator indicator can give an idea of whether the market is overbought or oversold. Overbought conditions mean the situation when prices are considered high enough at that time. This condition is often followed by a decrease in prices. Conversely, oversold conditions mean that prices are considered low enough at that time, and are often followed by rising prices.

When the oscillator indicator shows overbought indication, all you need to do is wait for the sell signal confirmation. Conversely, if the oscillator shows oversold indications, wait for a buy signal confirmation.

But you need to note that it is not always overbought or oversold conditions followed by reversing the direction of price movements. There are times when the indicator continues to be in the overbought or oversold area for some time but the price continues to move in the previous direction. To work around this, you must adjust the signal provided by the indicator with the ongoing trend. In an uptrend, look for only buy signals, whereas in a downtrend, look for only sell signals. This method is relatively safer.


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if we want to use this indicator, of course we must first understand what this indicator is for and how to use it properly and correctly, so that we can use it optimally.

Regarding the oscillator indicator, it is indeed one of the best functions because when you can use an oscillator, be it cci or stochastic, it is indeed one of the most important so that you can find out how the saturation point is

this indicator is basically to determine the saturation point where you can see a reversal in a currency pair

there are many oscillator indicators, there are stoch, there are rsi, there are macd, all of them are important, so we can choose which one is right for us, everything is good

Regarding the oscillator indicator and you can continue to judge and you can use the stochastic oscillator when you want because its function is very accurate for the saturation point

This indicator in my opinion is quite easy to understand and learned, and many traders who do analysis by using oscillators