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Friday, August 7, 2009. Mel Widner and is intended as a modification of the Projection Bands. The thing that makes the Projection Oscillator unique is that it measures the value of the current price to the lower and upper Projection Bands. Whereas other Oscillators such as the Stochastic Oscillator only compare the current price to its minimum and maximum prices over a recent time period. What are the Maximum and Minimum Values of the Projection Oscillator.
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