Harmony Oscillator Overview

The Trendmaster - Harmony Oscillator is a combined Strength and Trend Oscillator that pulls over 50 points of data on each trading pair to show Strength and Trend; changes, reversal probability, overbought/oversold conditions, market deviations, and a detailed trading pair screener.

The Oscillator uses 10 different standardized indicators that are “Harmonized” arithmetically to give information about the Trend and Strength (Overbought/Oversold) conditions of a trading pair. 

Oscillators are momentum indicators used in technical analysis, whose fluctuations are bounded by an upper and lower band.

When oscillator values approach these bands, they provide overbought or oversold signals as well as a Bullish or a bearish trend to traders.

Oscillators are often used to signal trend breakouts or reversals.