OPEN-SOURCE SCRIPT
Miggy Oscillator — NeoWave v7.4.3 Adaptive Pro
Miggy Oscillator — NeoWave v7.4.3 (Adaptive Pro)
Adaptive momentum + trend timing built on a WaveTrend core, normalized per timeframe for a consistent look across scalping, intraday and swing. It blends WT, RSI, MFI and Momentum into one read, adds dynamic volatility bands, a Fib-61.8% bias line, and smart signals with optional ADX + HTF confirmation.
Key features
• Adaptive scale: WT lines auto-normalized so the oscillator “feels” the same on any timeframe.
• Dynamic bands (support/resistance): volatility (stdev) blended with mode presets.
• Modes: Scalping, Intraday, Swing 1H–4H, plus Solo LONG/SHORT (incl. Scalping variants).
• Signals: strong/weak WT1/WT2 crosses (green/red dots), early alerts (triangles), TP1/TP2 suggestions, and SL invalidate.
• Fib bias: 61.8% of WT range → background tint and HUD trend (“ALCISTA/BAJISTA/LATERAL”).
• Divergences: bullish/bearish with diagonal line on the oscillator.
• Filters/confirmations (optional): VWAP, EMA 50/200, ADX, HTF alignment.
• Accessibility: color-blind safe palette toggle.
How to use (quick start)
1. Pick a mode (Scalping/Intraday/Swing).
2. Entries: look for strong dots (WT cross + filters) aligned with Fib bias and band direction.
3. Exits:
• TP1 on WT zero-cross.
• TP2 near the dynamic band.
• SL on opposite WT cross or band break.
4. Use HTF + ADX filters to avoid chop.
Plots & colors
• WT1 (thick, green/red by composite) and WT2 (gray).
• Momentum histogram (green/red).
• RSI line (cyan).
• Dynamic upper/lower bands (purple).
• Fib-61.8% guide (purple line).
• Strong/weak cross dots, early triangles, TP diamonds/flags.
Alerts
BUY/SELL strong, TP1/TP2 (long & short), SL long/short.
Tip: add placeholders like {{ticker}} • {{interval}} • Close: {{close}} in your alert message.
Disclaimer: Educational tool. Not financial advice. Always backtest and manage risk.
Adaptive momentum + trend timing built on a WaveTrend core, normalized per timeframe for a consistent look across scalping, intraday and swing. It blends WT, RSI, MFI and Momentum into one read, adds dynamic volatility bands, a Fib-61.8% bias line, and smart signals with optional ADX + HTF confirmation.
Key features
• Adaptive scale: WT lines auto-normalized so the oscillator “feels” the same on any timeframe.
• Dynamic bands (support/resistance): volatility (stdev) blended with mode presets.
• Modes: Scalping, Intraday, Swing 1H–4H, plus Solo LONG/SHORT (incl. Scalping variants).
• Signals: strong/weak WT1/WT2 crosses (green/red dots), early alerts (triangles), TP1/TP2 suggestions, and SL invalidate.
• Fib bias: 61.8% of WT range → background tint and HUD trend (“ALCISTA/BAJISTA/LATERAL”).
• Divergences: bullish/bearish with diagonal line on the oscillator.
• Filters/confirmations (optional): VWAP, EMA 50/200, ADX, HTF alignment.
• Accessibility: color-blind safe palette toggle.
How to use (quick start)
1. Pick a mode (Scalping/Intraday/Swing).
2. Entries: look for strong dots (WT cross + filters) aligned with Fib bias and band direction.
3. Exits:
• TP1 on WT zero-cross.
• TP2 near the dynamic band.
• SL on opposite WT cross or band break.
4. Use HTF + ADX filters to avoid chop.
Plots & colors
• WT1 (thick, green/red by composite) and WT2 (gray).
• Momentum histogram (green/red).
• RSI line (cyan).
• Dynamic upper/lower bands (purple).
• Fib-61.8% guide (purple line).
• Strong/weak cross dots, early triangles, TP diamonds/flags.
Alerts
BUY/SELL strong, TP1/TP2 (long & short), SL long/short.
Tip: add placeholders like {{ticker}} • {{interval}} • Close: {{close}} in your alert message.
Disclaimer: Educational tool. Not financial advice. Always backtest and manage risk.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.