ADOSC

Chaikin A/D Oscillator

ADOSC is a moving average oscillator based on AD.

INTERPRETATION:

Divergence in price and ADOSC anticipates change in direction of price. There are also other ways to use ADOSC; it can be used to generate buy/sell signals.

• When ADOSC is negative and is in uptrend then a long position can be initiated if price is above 90-day moving average.
• When ADOSC is positive and is in downtrend then a short position can be initiated if price is below 90-day moving average.

Related Indicators: AD.