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Ultimate Oscillator

Created by Larry Williams, the Ultimate Oscillator uses several moving averages to weigh buying power against true range price to produce on oversold / overbought oscillator. [Discuss] 💬

// C# usage syntax
IEnumerable<UltimateResult> results =
  quotes.GetUltimate(shortPeriods, middlePeriods, longPeriods);

Parameters

shortPeriods int - Number of periods (S) in the short lookback. Must be greater than 0. Default is 7.

middlePeriods int - Number of periods (M) in the middle lookback. Must be greater than S. Default is 14.

longPeriods int - Number of periods (L) in the long lookback. Must be greater than M. Default is 28.

Historical quotes requirements

You must have at least L+1 periods of quotes to cover the warmup periods.

quotes is a collection of generic TQuote historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.

Response

IEnumerable<UltimateResult>

• This method returns a time series of all available indicator values for the quotes provided.
• It always returns the same number of elements as there are in the historical quotes.
• It does not return a single incremental indicator value.
• The first L-1 periods will have null Ultimate values since there’s not enough data to calculate.

UltimateResult

Date DateTime - Date from evaluated TQuote

Ultimate double - Ultimate Oscillator

Utilities

• .Condense()
• .Find(lookupDate)
• .RemoveWarmupPeriods()
• .RemoveWarmupPeriods(qty)

See Utilities and helpers for more information.

Chaining

Results can be further processed on Ultimate with additional chain-enabled indicators.

// example
var results = quotes
    .GetUltimate(..)
    .GetSlope(..);

This indicator must be generated from quotes and cannot be generated from results of another chain-enabled indicator or method.