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Wave Oscillator

Waves Oscillator is a tool that makes it easier to spot potential reversal zones.
When the market is likely to change direction you will get a pink wave as an indication that the market is about to make a bearish move and a blue wave when the market is about to make a bullish move.
This oscillator works best in confluence with other indicators and should not be used as a signal.
Directional Movement Index (DMI)Oscillatorspullbackreversal

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This script is published closed-source and you may privately use it freely.

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