Universal oscillator is an indicator, operating on general principles of the RSI, CCI and OsMA oscillators.
Indicator helps to determine the upcoming reversals based on the values of the oscillator and will be really helpful in your trading. Oscillator can be used as an addition to your trading strategy.
When the market goes up and the oscillator shows a bearish divergence, it means that there will be a reversal soon and this is a good opportunity to enter the sale.
UNIVERSAL oscillator was developed and tested by AMNTrader team.
Three types of entry orders: on the market, pending stop market and limit the market
The multiplier for stop loss and profit targer at time interval