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SHO

Time Precedes VolumesThis idea is based on the article Time Cycle Oscillators, published in IFTA Journal 2018. As volumes precede prices, the “period of time cycles” precedes volumes. Hence, the simple harmonic oscillator SHO (blue) is leading to the volume zone oscillator VZO. The latter is created by Walid Khalil. Negative and positive divergences between the SHO and VZO help in predicting the direction of the VZO. Also, the SHO confirms and shows the significance of the signals which are generated by the VZO. i.e., the encircled sell signals on the chart. Regards, Akram El Sherbini
EGX:EGX30
by Akram01
1
Blending SHO with WPZOSHO : Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018. WPZO : Based upon Akram El Sherbini's article "Wave Period Zone Oscillator" published in IFTA Newsletter December, 2017. Signals The signals of the oscillators can be confirmed when the SHO/WPZO triggers a buy/sell signal, and the WPZO/SHO follows by a buy/sell signal in a relatively narrow time interval. Whipsaws The whipsaw generated by one oscillator only is insignificant. If both the SHO and WPZO generate whipsaws at the same time, then most likely it is significant. Divergences The agreement between the SHO and WPZO on positive/negative divergences makes them more considerable. By Akram El Sherbini
SAXO:XAUUSD
by Akram01
2