OPEN-SOURCE SCRIPT
Price and Volume Oscillator Strategy
This Pine Script follows the described strategy, including:
Price Oscillator (PO): Difference between short and long moving averages of price.
Volume Oscillator (VO): Difference between short and long moving averages of volume.
Buy/Sell Logic: Opens a buy order when the PO and VO conditions align for bullish momentum, and vice versa for a sell order.
Order Closing Logic: Closes orders when the opposing conditions are met.
Candle Markers: Marks candles with labels when an order is opened or closed.
Price Oscillator (PO): Difference between short and long moving averages of price.
Volume Oscillator (VO): Difference between short and long moving averages of volume.
Buy/Sell Logic: Opens a buy order when the PO and VO conditions align for bullish momentum, and vice versa for a sell order.
Order Closing Logic: Closes orders when the opposing conditions are met.
Candle Markers: Marks candles with labels when an order is opened or closed.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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