Theory:
If you're familiar with the standard Asymmetric Bands Oscillator, you're in for a treat with this extended version. This tool not only tracks price movements but also estimates the 'weight' of price action within the current trend. It's designed to help you gauge how much influence these movements may have on trend development, giving you a more nuanced view of the market.
Usage:
The real magic happens at the intersections of the average and the price line. These crosses can serve as valuable signals, but don’t rush in just yet! Take some time to familiarize yourself with how this oscillator works before you start relying on its signals to guide your trading decisions.
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