The Ergodic Oscillator plots a histogram showing difference between values of True Strength Index study plots. Once the True Strength index suggests entering or exiting position at points of crossovers of the two plots, look for Ergodic Oscillator zero values to identify these crossovers.
||The number of bars used in calculation of long moving average in True Strength Index.|
||The number of bars used in calculation of short moving average in True Strength Index.|
||The number of bars used in calculation of Signal plot in True Strength Index.|
||The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.|
||The Ergodic Oscillator histogram.|
||The zero level.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.