Himeyuri

My Oscillator

Hi everyone, this is my first indicator and its an oscillator who is calculated by subtracting a moving average with a double smooth moving average and then using conditions, another line is created by subtracting the oscillator with the past values of the oscillator. I don't really know why i made conditions with if but i am still learning. Thanks alexgrover for helping me when errors showed up and i hope the code is not wrong.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?