OPEN-SOURCE SCRIPT

Dynamic Zones

A port of the MT4 indicator of Mladen Rakic found at mql5.com/en/forum/179876
which is based on Dynamic Zones that was originally published in Stocks & Commodities 1996 issue.

Dynamic Zones is meant to be applied to oscillators to get dynamic overbought and oversold levels
quantified using statistical methods.
Oscillators

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.

Want to use this script on a chart?

Disclaimer