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Uni Combined Oscillator (LOG + SQRT + STD) -> PROFABIGHI_CAPITAL

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🌟 Overview

The Universal Combined Oscillator → PROFABIGHI_CAPITAL blends three advanced transformation methods—logarithmic for percentage-based momentum, square root for volatility-tempered signals, and standard deviation for statistical deviation scoring—to deliver a unified view of market momentum, extremes, and regime shifts. Traders can toggle individual oscillators or rely on the averaged signal for spotting overbought/oversold conditions, divergences, and trend biases with customizable normalization and smoothing.

⚙️ General Settings

Lookback Length: Adjustable period for momentum calculations and normalization across all oscillators.
Smoothing Length: Period to apply averaging for reducing signal noise.
Smoothing Type: Selection of moving average styles like simple, exponential, weighted, or running for signal refinement.
Z-Score Length: Period for computing statistical deviations to flag extremes.
Show Z-Score: Toggle to overlay Z-score lines for overbought/oversold statistical insights.
Normalization: Choice of scaling methods like range-based, deviation-based, or ranking for consistent comparisons.
Source: Data input, such as closing prices, for all oscillator computations.

📐 SQRT Oscillator Settings

SQRT Method: Transformation style for price shifts, volatility measures, range data, or blended components.
Outlier Threshold: Level to detect and cap extreme values in square root signals for stability.

📊 STD Oscillator Settings

Standard Score Length: Period for deviation-based scoring in the standard oscillator.
Standard Score Method: Base input like prices, returns, volume, ranges, or a mix for scoring.
Window Type: Calculation window as fixed rolling or growing expanding for context.
Regime Threshold: Level to categorize market states as bullish, bearish, or neutral.

👁️ Display Options

Show Average Oscillator: Enable the blended average line for overall signal clarity.
Show LOG Oscillator: Activate logarithmic view for momentum on percentage scales.
Show SQRT Oscillator: Turn on square root view for smoothed volatility insights.
Show STD Oscillator: Enable deviation scoring for statistical market reads.
Show Components: Reveal sub-plots within oscillators for deeper breakdown.
Only Z-Score Mode: Restrict view to Z-score overlays for focused statistical analysis.

📊 Oscillator Components & Methods

The indicator processes signals through layered transformations:

LOG Oscillator: Applies logs to price changes, rate of change, and velocity for capturing proportional momentum.
SQRT Oscillator: Uses square roots on shifts, deviations, and ranges to dampen non-linear effects.
STD Oscillator: Scores deviations from means using price or volume metrics for outlier detection.
Normalization Techniques: Scales outputs to uniform ranges via min-max, standard deviations, or percentiles.
Volatility Adjustment: Incorporates average true range to adapt signals to market swings.
Z-Score Integration: Measures extremes statistically across all views for deviation alerts.

📈 Advanced Analysis Features

LOG Momentum System:

Change & Rate Detection: Tracks logarithmic accelerations in price action.
Velocity Blending: Averages momentum elements for smoother impulse reads.
Volatility Correction: Divides by range measures to balance in choppy conditions.

SQRT Transformation System:

Safe Root Handling: Manages negative inputs for reliable non-linear scaling.
Range & Deviation Metrics: Roots highs/lows and spreads for tempered volatility.
Outlier Safeguards: Caps extremes to avoid signal distortion.
Trend Bias Layer: Adjusts for directional lean using simple averages.

STD Scoring System:

Window Flexibility: Rolls or expands deviations for tailored historical views.
Fast/Slow Blends: Weights short and long scores for adaptive smoothing.
Regime Labeling: Classifies states by threshold crosses for bias confirmation.
Divergence Scanning: Compares price and score trends for reversal hints.

📏 Signal & Normalization Control

Smoothing Application: Layers averages to filter noise across components.
Scaling Choices: Aligns oscillators for seamless blending and Z-score use.
Volatility Normalization: Scales by range for condition-aware strength.
Average Blending: Equals parts from all for consensus signal.
Ranking Position: Places current value in historical context for relativity.

📋 Analysis Framework

Signal Generation:

Overbought Cues: Lines crossing upper bounds or positive Z-scores for sell pressure.
Oversold Cues: Dips below lower bounds or negative Z-scores for buy opportunities.
Regime Changes: Shifts in scoring to flag bullish or bearish dominance.
Divergence Flags: Mismatches between price and oscillator for potential turns.

Z-Score Management:

Extreme Bounds: Positive or negative deviations for high-conviction extremes.
Capping Mechanisms: Limits outliers in root views for steady readings.
Meta Deviations: Layered scores for broader normalized insights.
Rank Validation: Historical placement to gauge signal potency.

Risk & Filter Integration:

Range Filters: Adjusts sensitivity to swings for balanced alerts.
Equal Weighting: Consensus from components for reliable averages.
Contextual Scaling: Ties to lookback for market-relative views.
Threshold Guards: Caps for uniform analysis without spikes.

🎨 Visual Features

Oscillator Lines: Thick blues for mains, thins for subs and Z-overlays in varied hues.
Z-Score Traces: Fine lines tracking deviations on selected plots.
Background Shades: Faint reds for overbought, greens for oversold, blues/grays for regimes.
Reference Levels: Dashed zero and dotted deviation lines, plus sigma bounds.
Info Table: Top-right panel with live values, statuses, regimes, and params in color-coded rows.
Component Traces: Optional thins revealing inner metrics on active oscillators.

🔍 Advanced Features

Multi-Transformation Mix: Fuses log, root, and deviation for layered perspectives.
Scaling Variety: From range to rank for custom oscillator harmony.
State & Mismatch Logic: Boolean tags for regimes and turn signals.
Live Recalcs: Bar-by-bar updates for Z and outlier checks.
Array Storage: Holds history for ranks and growing windows.
Range Adaptation: True range tweaks for varying conditions.
Average Styles: Diverse smoothers for tuned signal flow.

🔔 Signal Alerts & Monitoring

Upper Cross Alerts: Triggers on breaches of overbought or positive Z-levels.
Lower Cross Alerts: Fires on drops below oversold or negative Z-levels.
State Shifts: Notices entry into bullish, bearish, or neutral phases.
Mismatch Warnings: Flags price-score drifts for reversal scans.
Extreme Events: Special notices for root outliers.

By merging logarithmic, square root, and deviation methods with statistical overlays, the Universal Combined Oscillator → PROFABIGHI_CAPITAL equips traders with a versatile momentum dashboard, blending signals for precise extremes, regimes, and divergences in TradingView.

✅ Key Takeaways

– Fuses three oscillators for holistic momentum and volatility reads.
– Z-scores and regimes cut noise with stats-driven filters.
– Table and hues streamline live oversight.
– Toggles and scalers fit any trading approach.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.