OPEN-SOURCE SCRIPT

Rainbow Oscillator

Rainbow Oscillator script.

This indicator was developed and described by Dr. Mel Widner (Stocks & Commodities [July, 1997] V.15:7: Rainbow Charts).
Centered OscillatorshistogramOscillatorsrainbowtrendTrend Analysiswidner

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.

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