Forex Oscillators
There are a few different types of forex oscillators, but the most popular ones are the MACD, RSI and stochastic oscillators. These indicators are used to help identify trends and momentum, as well as potential overbought or oversold conditions. The MACD (moving average convergence divergence) indicator is a trend-following momentum indicator that shows the relationship between two moving averages. The RSI (relative strength index) is a momentum indicator that measures whether an asset is overbought or oversold. The stochastic oscillator is a momentum indicator that compares the closing price of an asset to its range over a certain period of time. All three of these indicators can be useful in identifying potential trading opportunities. When used together, they can provide even more information about the market and help you make more informed trading decisions.