NOSC

The Nova IQ Oscillator (NOSC) is an exclusive self-learning oscillator developed by Trading IQ.

Using IQ Technology, the NOSC functions as an all-in-one oscillator for evaluating price overextensions.

As shown in the image above, NOSC's extreme values don't persist for long until a price "snap back" occurs. NOSC has a knack for signaling overextended price moves that precede a strong, exploitable price reversion.

The red horizontal line constitutes the bullish overextension zone. When NOSC moves above this level we can expect a bearish reversion to soon follow.

The blue horizontal line constitutes the bearish overextension zone. When NOSC moves below this level we can expect a bullish reversion to soon follow.

Both the bullish overextension zone and bearish extension zone are dynamic and adjusted by the AI in real time - there's no need to manually set these levels!

The Nova Oscillator (NOSC) plays a vital role in the underlying heuristic. For a long trade to be considered, the NOSC must trend below the lower blue line, while for a short trade, the NOSC must trend above the upper red line.