PROTECTED SOURCE SCRIPT

|-ML-| C4 - Amplified Volume Directional Bias Oscillator

Updated
This indicator presents an oscillator that suggests volume directional bias.
Colour switch (blue to ice-blue and red to maroon) confirms oscillator turnaround.
Confirmed divergences flag a trend change that can be used as a trade entry aid.
I suggest changing your candlesticks as follows:
  • Border: black
  • Wicks: grey
Release Notes
Minor update to include this illustration.
s3.amazonaws.com/tradingview/snapshots/m/MsoRPb19.png
Release Notes
Update to display/hide E.Stoch CG oscillator component.
Release Notes
Minor update
Release Notes
Minor update to present better confluence in colour scheme between oscillator and candlesticks.
DivergencemoonlaunchrPrice Volume Trend (PVT)Stochastic OscillatorVolume Indicator

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer