QOG Oscillator is a momentum indicator developed on top of Net Advances of major exchanges stocks. Net Advances is calculated based on the difference between the advancing stock and the declining stock. The advancing stock is traded above the previous trading session's close price. The declining stock is traded below the previous trading session's close price. QOG Oscillator
It is recommended to use together with the index trend. The positive reading (green) can help confirm the uptrend of the index. The negative reading (purple) can help confirm the downtrend of the index. When the trend of QOG Oscillator is opposite to the trend of the index, it can be a warning for impending reversal.
QOG Oscillator 是基于主要交易所股票净涨势开发的的动量指标。净涨势由上涨股票和下跌股票数量之差计算出。上涨股票的交易价格高于前一个交易日的收盘价。下跌股票的交易价格低于前一个交易日的收盘价。