Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Descripción
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The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle. The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent. The SHO has overbought and oversold levels at +40 and -40, respectively. At extreme periods, the oscillator may reach the levels of +60 and -60. The zero level demonstrates an equilibrium between the periods of bulls and bears. The SHO oscillates between +40 and -40. The crossover at those levels creates buy and sell signals. In an uptrend, the SHO fluctuates between 0 and +40 where the bulls are controlling the market. On the contrary, the SHO fluctuates between 0 and -40 during downtrends where the bears controlthe market. Reaching the extreme level -60 in an uptrend is a sign of weakness.
Notas de prensa
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Added Signal line
Notas de prensa
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Updated histogram and red/green line to represent signal, silver line is harmonic value now.