⚛SHO - Simple Harmonic Oscillator by Cryptorhythms Intro SHO – Simple Harmonic Oscillator - A Time Cycle Oscillator. Published in IFTA Journal 2018 by Akram El Sherbini. Description Bullish signals are generated when SHO crosses over 0 Bearish signals are generated when SHO crosses under 0 OverBought level is 40 OverSold level is -40 ExtremeOB level is...
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....