Awesome Oscillators

Awesome Oscillators are tools that can be used to inspect charts that aren't trending. To monitor the direction of a stock it's essential to use Moving Averages (MA) and Trends. For times when a chart doesn't show a clear trend of any direction, a technician will use awesome oscillators. Therefore, most find these awesome oscillators at their most useful when a particular security is in a vertical or horizontal trend or can't find a distinct pattern on a volatile market.

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