fbpx
  1. TraderOne
  2. Sherlock Holmes
  3. Forex Trading Strategies and Systems
  4. Tuesday, 22 October 2019
  5.  Subscribe via email
The Kase Peak Oscillator is made of statistical observation of prices over the last KPeriod. It automatically adapts its cycle to any timeframe or instrument by using a percentile rank of what happens now in comparison of the whole distribution of past values. It consists of a histogram and a line indicating overbought oversold levels.

Buy Signal: Histogram cross above the zero level
Sell Signal: Histogram cross below the zero levels

When histogram reaches the line, chances are a reversal or consolidation may follow. However, in strong trends, the histogram may overshoot the line for may bars before slowing down. This can be used to book profits and open trades if reversal is confirmed by other indicators or price action. Like all indicators, Kase Peak Oscillator also generate whipsaws in consolidating markets.



Divergence between the histogram and price bars present good trading opportunities. When price makes new lows and the oscillator fails to make new lows, it is a divergence between the price and the oscillator. When divergence happens, there is high probability that trend reverse upward. For trend reversal down, price makes new high and oscillator fail to reach a new high.
Attachments (1)
Comment
There are no comments made yet.


There are no replies made for this post yet.
Be one of the first to reply to this post!
 
     
 

Latest Spot Rate

 
14 November 2019
Wall Street steadied the equities ship overnight after another negative session in Asia, led higher by Walt Disney, which signed up an impressive 10 million subscribers to its new Disney+ streaming service in its first 24 hours. Its effect was to lif...
14 November 2019
Daily Markets Broadcast 2019-11-14 - MarketPulseMarketPulseHome/Daily Markets Broadcast/DAX/Indices/Market Pulse/Technical Analysis/Technical Analysis IndicesShare 0Daily Markets Broadcast2019-11-14Wall Street stalls as trade deal hits a snag...
14 November 2019
Record low wool receivals in September 2019
13 November 2019
US Open - Markets await Powell, Steady inflation, IEA exemplifies gloomy demand outlook, gold stabilizes - MarketPulseMarketPulseHome/Commodities/Currency/Economic Exposure/FXShare 0US stocks are drifting lower following yesterday’s Trump speech tha...
How It Works | About | Contact | Privacy Policy | Forex Marketing
© 2009 - 2019 Forex Forum. All Rights Reserved. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.