A presentation as part of the 50th Anniversary of the CMT Association’s Annual Symposium in New York City.
Divergence is not the only characteristic of oscillators. Oscillators give probability, trend reentry signals and trend duration and exhaustion details. They can identify leading global markets that improve timing and confidence for the primary market being traded. They are invaluable to multiple methods in the development of strategy. Oscillators can warn when to expect complex price action before the chop begins. In short, Oscillators in the hands of an experienced trader are weaponized tools with a wealth of trading information.