What Is The Elliot Wave Oscillator & How To Trade With It

Elliot Wave Oscillator Explained

The Elliot Wave Oscillator is a forex trading indicator that includes oscillatory waves. The Elliott Wave Oscillator is the difference of, a 34 and a 5 period, simple moving average (SMA). The Elliott Wave Oscillator has been created to help in the process of identification of the Elliott’s Waves and of the market trends. Just as the name implies, the Elliot Wave Oscillator is a wave indicator that combines a wave and an oscillator. Most of the other oscillators have mainly bars, oscillating on either side of the centerline. This technical indicator is very similar in appearance and use to …READ MORE