Wave Period Oscillator by KIVANC fr3762 — Indicator by KivancOzbilgic

WPO – Wave Period Oscillator

A Time Cycle Oscillator – Published on IFTA Journal 2018 by Akram El Sherbini (pages 68-77)
(http:www.ftaa.org.hk/Files/2018130101754DGQ1JB2OUG. pdf )

Bullish signals are generated when WPO crosses over 0
Bearish signals are generated when WPO crosses under 0

OverBought level is 2
OverSold level is -2
ExtremeOB level is 2.7
ExtremeOS level is -2.7
As with most oscillators, divergences can be taken advantage of.

via PROREALCODE

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