An oscillator.

As the name implies, an oscillator is a special type of chart indicator that plots a line cycling up and down between two polarities, often label overbought and oversold for better or worse. If you want to do better forex trading you need to understand fully all terms, only then you can make money from your trades. So, take your time and be with a good broker. I am with regulated broker called ECNCAPITAL.COM.

An oscillator is a technical analysis indicator that varies over time within a band. Oscillator is used to discover short time overbought or oversold conditions. Common oscillators are MACD, ROC, RSI, CCI. Sometimes I use to follow the indicator. Trade12 provides me the best trading platform including more than 250 technical tools and all indicators. The platform is fluent and really user friendly that’s why those who are scalpers get extra advantages.