A rate-0f-change derivative that automatically adapts for cycle length and volatility.
Overview
Created by Cynthia Kase, the Kase Peak Oscillator is a derivative of the rate-of-change indicator and evaluates over 50. It has an automatic adaptation for cycle length and volatility changes.
The Kase Peak Oscillator on a 4H gold chart 4/16/2011
Source: VT Trader
Interpretations
Two common signals are “peakouts” and divergences. Similar to traditional oscillators, these are more significant during choppy and ranging markets. During trending markets, peakouts and divergences extend.
