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Francesco Del Vecchio
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The LWO is a tool that effectively indicates the end of trends. Being an oscillator, it has values between 0 and 100, defining the areas of hyper-sold and those of hyper-bought. Its effectiveness is due to the weighing of prices at the end of individual periods on a logarithmic scale; this allows you to have a perception of the will of the market. The parameters The indicator has only 2 settable values, period and smooth factor. The period indicates how many bars the weighing is performed, while