Royal_Naut

Project Windfall BETA

This oscillator is designed to be used in confluence with the PROJECT ROYALTY BETA.

The oscillator to end all oscillators. With over 1000 lines of code, this oscillator provides a detailed and responsive look at trend direction.

Color Description:
  • Blue is showing bullish movement. Price action is most likely moving upwards.
  • Darkened Blue is showing extreme bullish movement. This does not guarantee that price is or soon will be rocketing. The coloring is related to recent bullish movement. Color could be darkened while price could be increasing slowly.
  • Orange is showing bearish movement. Price action is most likely moving downwards.
  • Darkened Orange shows extreme bearish movement. Again, this does not guarantee that price is or soon will be plummeting. The coloring is related to recent bearish movement. Color could be darkened while price could be decreasing slowly.

Trading Strategy
LONG when color turns from any orange to any blue.
LONG when the oscillator is below the zero line, is increasing (blue), and when the color changes from dark to light.
SHORT when color turns from any blue to any orange.
SHORT when the oscillator is above the zero line, is decreasing (orange), and when the color changes from dark to light.

IMPORTANT:
This oscillator is specifically tuned for BTCUSD and is most effective on the 1 HOUR. Be warned when trading any other instrument with this oscillator.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?