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Oscillation Percentage

philipesantiago  
Oscillators
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oscillator
The oscillation percentage is a simple indicator to help you find out typical price changes over time.

5 (blue) and 15 (red) minutes oscillation percentage on 1-minute timeframe using average prices (high+low/2).
Borderlines (black) are extreme oscillation percentages for the last 200 periods smoothed in 10 frames to find out breakout movements.
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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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.

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