Forecast Oscillator
Forecast Oscillator is one of forex technical indicator used in forex technical analysis. This Forecast Oscillator Indicator is above the zero point if the forecast price is higher than the current price. On the contrary, if it’s below it turns out to be less than zero.
The Forecast Oscillator compares the actual price to the time series forecast. If this oscillator stays above the zero line for a continuous period, it indicates that the price will rise in the future. If stays below the zero line for a continuous period, it indicates that the price will fall.
When the forecast price and the current price are equal, the oscillator makes a zero. Current prices that are constantly over the forecast price suggest higher prices ahead and prices that are constantly under the forecast price suggest lower prices ahead.
Four Percent Model
Four Percent Model is one of forex technical indicator used in forex technical analysis. This Four Percent Model Indicator was used to measure and analyze market timing tool utilizing the weekly close of the Value Line Composite Index.
A buy signal is generated when the index rises four percent or more from the previous week. Similarly, a sell signal is indicated when the index falls four percent or more from the previous week.
It is a trend following tool designed to keep you in the market during major up moves and out (or short) during major down moves.The Four Percent Model was developed by Ned Davis and popularized in Martin Zweig’s book Winning on Wall Street.