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INVITE-ONLY SCRIPT
Updated

ProAlgo Oscillator

7 199
The ProAlgo Oscillator is a momentum based oscillator created using a RSI based approach to trading. The oscillator rises with relative volume and velocity of price action and falls with the opposite. Amongst the signals, there are Bull Bear and R which stands for reversal. Bull and Bear indicates a moment of dying momentum on the oscillator and signifies a trend reversal in the opposite direction. However, the R which stands for reversal has a much higher accuracy % because it also takes into consideration key privot points

This indicator is designed to be used with the ProAlgo indicator and should be not be used to make entries and exits without other analysis.
Release Notes
V 2.00 completely revamps the indicator. It now includes a basic and an advaced mode. Basic is a re configured stochastic with colored candles on the main chart. Buy and sell signals were added an extremely advanced. Advanced mode is a reconfigured momentum/volume oscillator with entry exit signals as well and clear indication of over bought over sold levels.
Release Notes
V2.2 Added in bearish and bullish divergence for the stochastic portion and added alerts for the signals.
Release Notes
Minor bug fix
Release Notes
fixed alert issues and added more alerts

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MyFundedFX directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

To gain access to the indicator please join our discord below and we would be happy to assist. https://discord.gg/usXMdTXs9t

Warning: please read our guide for invite-only scripts before requesting access.

MyFundedFX
Also on:
Oscillators

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.
Oscillators

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MyFundedFX directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

To gain access to the indicator please join our discord below and we would be happy to assist. https://discord.gg/usXMdTXs9t

Warning: please read our guide for invite-only scripts before requesting access.

MyFundedFX
Also on:

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.