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Market Forecast Oscillator

The Market Forecast indicator detects buying and selling opportunities using three time frame differentials. It is comprised of three plots - Momentum, Near-Term, and Intermediate - that cycle on a daily, weekly, and monthly basis respectively. The Momentum line cycles the fastest and tends to swing between reversal zones in the shortest time. Strong buy signals occur when all three lines reverse at the same time in the bottom zone, while simultaneous reversals in the upper zone indicate strong sell signals. The indicator allows viewing an underlying's position and amplitude across different time frames.

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Sim Terann
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107 views3 pages

Market Forecast Oscillator

The Market Forecast indicator detects buying and selling opportunities using three time frame differentials. It is comprised of three plots - Momentum, Near-Term, and Intermediate - that cycle on a daily, weekly, and monthly basis respectively. The Momentum line cycles the fastest and tends to swing between reversal zones in the shortest time. Strong buy signals occur when all three lines reverse at the same time in the bottom zone, while simultaneous reversals in the upper zone indicate strong sell signals. The indicator allows viewing an underlying's position and amplitude across different time frames.

Uploaded by

Sim Terann
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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OSCILLATOR TYPE:

BANDED/MULTI-LINE PLOT
Market Forecast
• The Market Forecast indicator is designed to detect
buying and selling opportunities based on semi-periodic
market activity applied to three time frame differentials
• The Market Forecast is comprised of three plots:
Momentum, Near-Term and Intermediate; these plots
tend to cycle on a daily, weekly and monthly basis,
respectively
• The fastest cycling line is the Momentum indicator; it
tends to swing from one reversal zone to the other in the
shortest time duration
OSCILLATOR TYPE:
BANDED/MULTI-LINE PLOT
Market Forecast
• When combined with the Near-Term indicator, the
Momentum indicator provides a consistent barometer for
short-term market direction
• It is considered a strong “buy” signal when all three
lines—Intermediate inclusive--go through a reversal at the
same (or almost the same) time in the bottom zone;
conversely, a simultaneous reversal in the upper zone
suggests a strong “sell” signal
• In theory, you can "tune into" various time frames with
the Market Forecast and see the underlying's current
position (relative to its normal cyclic behavior) and
amplitude for selected time frames
OSCILLATOR TYPE:
BANDED/MULTI-LINE PLOT
Market Forecast

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