Ultimate Oscillator (ULTOSC)¶
Combines short, intermediate, and long-term momentum.
Parameters¶
| Parameter | Type | Required | Default | Description |
|---|---|---|---|---|
high |
Array |
Yes | - | Array of high values |
low |
Array |
Yes | - | Array of low values |
close |
Array |
Yes | - | Array of close values |
period1 |
Integer | No | 7 | Period1 |
period2 |
Integer | No | 14 | Period2 |
period3 |
Integer | No | 28 | Period3 |
Note: Array elements should be ordered from oldest to newest (chronological order)
Returns¶
Returns an array of indicator values.
Usage¶
require 'sqa/tai'
# Example usage
result = SQA::TAI.ultosc(prices)
puts "Current value: #{result.last.round(2)}"
Interpretation¶
Please refer to technical analysis resources for interpretation guidelines for this indicator.