OPEN-SOURCE SCRIPT
dywm Oscillator

I think that it can be used as a hit point of the trend
There is a horizontal line in the part of 0, 1, 1.5, -0.5, but there is no meaning
Top point of mountain is selling point at downtrend
When uptrend, bottom point of valley is buying point
トレンドの押し目などに使えると思います
0,1,1.5、-0.5の部分に横ラインがありますが意味は無いです
ダウントレンド時、山の頂点が売りポイント
アップトレンド時、谷の底点が買いポイント
There is a horizontal line in the part of 0, 1, 1.5, -0.5, but there is no meaning
Top point of mountain is selling point at downtrend
When uptrend, bottom point of valley is buying point
トレンドの押し目などに使えると思います
0,1,1.5、-0.5の部分に横ラインがありますが意味は無いです
ダウントレンド時、山の頂点が売りポイント
アップトレンド時、谷の底点が買いポイント
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.