OPEN-SOURCE SCRIPT
Updated Cowen Corridor Oscillator
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 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.