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Ultimate Oscillator

The Ultimate Oscillator is a momentum oscillator that combines short, intermediate, and long-term price action into one value.

Formula

UO = 100 × (4 × avg7 + 2 × avg14 + avg28) / (4 + 2 + 1)

  • avgN = sum(BP, N) / sum(TR, N)
  • BP = Close − min(Low, PrevClose)
  • TR = max(High, PrevClose) − min(Low, PrevClose)

Parameters

  • period1 (default: 7): Short period
  • period2 (default: 14): Medium period
  • period3 (default: 28): Long period

Usage Example

import { UltimateOscillator } from '../src/ultimate-oscillator';

const uo = new UltimateOscillator();
const result = uo.nextValue(high, low, close);
// result: Ultimate Oscillator value

Returns

A single number: the Ultimate Oscillator value for the current input.