OPEN-SOURCE SCRIPT
Cowen Corridor Oscillator
Updated
Companion indicator for Cowen Corridor Clone.
This script (at the bottom) shows the closeness of the price to the Cowen Corridor bands. Buy and sell zones are suggested by the highlighted areas.
To be clear, this is a highly dubious indicator. It was originally created as a joke by Ben to show how easy it is to come up with arbitrary models. The scripts are purely for fun :D
This script (at the bottom) shows the closeness of the price to the Cowen Corridor bands. Buy and sell zones are suggested by the highlighted areas.
To be clear, this is a highly dubious indicator. It was originally created as a joke by Ben to show how easy it is to come up with arbitrary models. The scripts are purely for fun :D
Release Notes
Updated calculation to show correct oscillator values.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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Disclaimer
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