Ultimate OscillatorMomentum

Timeframe M1 · unit pts

What it measures

The Ultimate Oscillator combines buying-pressure-to-true-range ratios across three different periods (7, 14, and 28 bars) with weights 4, 2, and 1 respectively. Here it is shifted by −50 so 0 is neutral. It attempts to capture momentum across multiple time horizons simultaneously.

How Janira reads it (bullish vs bearish)

A positive reading means that buying pressure has exceeded the true range on average across all three timeframes - a broadly confirmed bullish momentum. Negative means selling pressure has dominated across all three windows. The multi-period nature dampens false signals from any single window.

In plain language

Most oscillators only look at one time window. The Ultimate Oscillator looks at three (7, 14, and 28 bars) and blends them into one number, giving more weight to the short-term (×4) than the long-term (×1). Near zero = momentum balanced across all timeframes.

Scenarios

Reading above +20: buying pressure exceeds selling pressure across the 7, 14, and 28-bar windows - a multi-timeframe bullish consensus.
Divergence (price new low, Ultimate Oscillator higher low): buying pressure didn't worsen as much as price suggested - a multi-period momentum divergence that some interpret as a potential deceleration of selling.
Reading below −20: selling pressure has dominated across all three time windows simultaneously.
Reading oscillating near 0: no dominant direction on any of the three timeframes - balanced, indecisive momentum.

More momentum indicators

Relative Strength Index (RSI-14)Relative Strength Index (RSI-7)Stochastic %K (period 14)Stochastic %D (3-period smooth of %K-14)Stochastic RSI (period 14)Commodity Channel Index (CCI-20)Williams %R (period 14)Rate of Change (ROC-12)

Janira computes Ultimate Oscillator deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.