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GlowNode

Wave Oscillator

GlowNode  
Oscillators Directional Movement Index (DMI) pullback reversal
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oscillator directionalmovement pullback reversal
Waves Oscillator is a tool that makes it easier to spot potential reversal zones.
When the market is likely to change direction you will get a pink wave as an indication that the market is about to make a bearish move and a blue wave when the market is about to make a bullish move.
This oscillator works best in confluence with other indicators and should not be used as a signal.
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