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Strategies & Market Trends : YEEHAW CANDIDATES
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To: Galirayo who wrote (19429)10/5/2006 6:46:47 AM
From: ~digs  Read Replies (1) of 23958
 
Momo Oscillator : yeah okay, gotcha..

I do not use oscillators any more. I've done the Williams %R, stochastics, ROC.. the whole ball of wax .. they all lag the more genuine signals given by price and volume imo

on occasion i may seize upon a 12/26/9 MACD histogram crossover just becuz so many other technical traders seem to do so.
but, for the most part, i think oscillators are cause for confusion and ambiguity

i do however feel that ADX (absent the +/- DMI) has greater legitimacy, tho i suppose if you think about the math behind it, it's not really an oscillator
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