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blackcat1402

[blackcat] L1 Wave Oscillator

blackcat1402  
Oscillators Centered Oscillators Moving Averages blackcat1402
98
1
oscillator centeredoscillator movingaverage blackcat1402
Level: 1

Background

GET wave theory indicator series contain a indicator called wave oscillator.


Function

This is a modified version of GET wave oscillator with enhanced moving averages which alleviate lag issue to some degree. The feature of it is that it includes overbought and oversold band with dynamic values for indications. Labels and alerts are added.

Key Signal

osc --> wave oscillator output

Remarks

This is a Level 1 free and open source indicator.

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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.

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.

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