What is an orbiting tool in trading, used for?

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Jenna Howell
Answered 1 month, 3 weeks ago
<p id="isPasted">In trading, an "orbiting tool" typically refers to an oscillator indicator, used to identify potential overbought or oversold conditions in the market. These indicators fluctuate between two extreme values, helping traders spot areas where a price might be due for a reversal.&nbsp;</p><p><br></p>