Conclusion Oscillators rarely are used alone as a market analysis tool. Each trader should develop a personalized combination of marketing tools that may well include oscillators. The producer's needs and time limitations are valid considerations. Producers who consider using the RSI or any of the other oscillators should think about subscribing to a charting service. The time saved may be well worth the expense.
Profitability is the ultimate test of any chosen combination of marketing tools.
The trader using oscillators must remember that if prices gain too much velocity, the prices probably will become overextended and change direction. Kenneth R. Bolen, Director of Cooperative Extension, University of Nebraska, Institute of Agriculture and Natural Resources.