Parametric Oscillator (Expo)
Parametric Oscillator is an ATR based indicator that both shows the momentum in the market and overbought/oversold areas. The indicator has a price line that can be used for market timing.
This indicator is a good complement to Cumulative Delta (Expo).
HOW TO USE
1. Use the indicator to detect trends.
2. Use the indicator to assess the momentum in the market.
3. Use the indicator to identify overbought and oversold areas.
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