Awesome Oscillator in 4 colour with 5 (SMA) as signal line and RSI(2)
Hope this indicator helps you to identify wave peaks, and internal wave peaks using RSI (2) extremes by spotting divergence in RSI (2)
Thanks
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.
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