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Hi everyone!
My name is Pablo Bozzolo, italo-argentinean.
I'd like to make a little contribution with my most simple but
powerful indicator, a kind of price oscilator:
{ UTLIMATE ROC }
x:=Input("Number of periods:",3,200,12);
(CLOSE / (Mov(CLOSE,x,E) )) -1 ; {12 is the default}
{By Pablo Bozzolo (feb-2006)}
U should buy at significant bottoms and sell at significant tops.
It's really simple but It' works fine.
(It can anticipate more than others price oscilators)
I hope to be able to exchange ideas and formulas with U.
Best regards,
Pablo
BTW: search of divergences in this indicator is good idea.
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