PROTECTED SOURCE SCRIPT
Onsa Pulse
Similar metric in usage to say something like RSI. More testing is needed for
thresholds, but when we see a very high or very low pulse, it is indication that
at least a temporary reversal may be underway. PULSE is a the second
derivative to price. When we hit major extremes, this suggests price
reversion. Major extremes circled on chart.
The green circles show a high Pulse and therefore market temporary tops.
The red circles show a low Pulse and therefore market temporarily bottoms.
thresholds, but when we see a very high or very low pulse, it is indication that
at least a temporary reversal may be underway. PULSE is a the second
derivative to price. When we hit major extremes, this suggests price
reversion. Major extremes circled on chart.
The green circles show a high Pulse and therefore market temporary tops.
The red circles show a low Pulse and therefore market temporarily bottoms.
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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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.