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Glow Node Pullback OSC
Updated
Our Pullback Oscillator is based on the Stochastic Oscillator with a Twist.
This Oscillator Must be used with our Premium Glow Node Indicator to enable the extra features this Oscillator Provides
This Oscillator when linked with our indicator provides you with extra confirmations whether a trade can safely be taken on a pullback during a up or down trend.
It pulls in the trend data which has been analysed by glow node to provide you extra confirmation's and helps to filter out some bad signals while the market is in Consolidation / Ranging market.
This can be used for:
. Scalping (On Lower Timeframes)
. Long-term Trend Pullbacks
How to use:
. Open two Indicators on to your chart
. Change Source on the Oscillator to Glow-Node Trend Value
(You should notice the colours fill between the lines.)
. Display the Info box
. To use as an extra confirmation the information box will advise you whether it thinks the trade is safe to be taken and in which direction.
This Oscillator Must be used with our Premium Glow Node Indicator to enable the extra features this Oscillator Provides
This Oscillator when linked with our indicator provides you with extra confirmations whether a trade can safely be taken on a pullback during a up or down trend.
It pulls in the trend data which has been analysed by glow node to provide you extra confirmation's and helps to filter out some bad signals while the market is in Consolidation / Ranging market.
This can be used for:
. Scalping (On Lower Timeframes)
. Long-term Trend Pullbacks
How to use:
. Open two Indicators on to your chart
. Change Source on the Oscillator to Glow-Node Trend Value
(You should notice the colours fill between the lines.)
. Display the Info box
. To use as an extra confirmation the information box will advise you whether it thinks the trade is safe to be taken and in which direction.
Release Notes
Add Higher Time Frame SupportRelease Notes
Up dating colourRemoved Source for trend,
Added higher time frame oscillator support
Release Notes
V1.1Overlay higher timeframe instead of seperate.
Release Notes
Version 1.1Set Custom Timeframes now for unsupported timeframes
Release Notes
Fixed - Faulty Safety Rating ( Sams Live picked it up)
Disclaimer
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