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INVITE-ONLY SCRIPT
Updated

MTF BB%+ [Osc] [Intromoto]

730
This indicator is based around BB%, essentially showing where deviations are within price over time.

Plotshapes are printed when exiting extremes of the deviations, back towards the mean.

Arrows indicate an increased likelihood of price reverting direction. Red arrow =bearish, green arrow = bullish.
Dots on the top and bottom of the oscillator show a sub level of reversion that would be perhaps less extreme than when price reenters the norm from the normal standard deviation.

Users can also change the timeframe of the indicator for high time frame signals.

Barcolors for plotshapes included.

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Release Notes
Style changes and added input variables for plotshape thresholds
Release Notes
Style changes
Release Notes
Style changes, and added ability to change type of MA
Release Notes
Changed reversion reference to upper and lower standard deviations instead of mean.
Release Notes
Script notes clarification.
Release Notes
Clarification and style change. Removed unnecessary code.
Release Notes
Added divergences
Release Notes
Style changes.
Release Notes
Added alerts to main bull/bear crosses

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Intromoto directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

DM for access
Warning: please read our guide for invite-only scripts before requesting access.
Intromoto
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Also on:
Centered OscillatorsVolatility

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.
Centered OscillatorsVolatility

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Intromoto directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

DM for access
Warning: please read our guide for invite-only scripts before requesting access.
Intromoto
DM for access.
Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Also on:

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.