OPEN-SOURCE SCRIPT

Custom Awesome Oscillator

Indicator based on Awesome Oscillator. Histogram turns green on RSI overbought conditions and red on oversold conditions. Background is set against Bollinger Bands expansion and contraction. Perhaps it would be better to uncheck the RSI setting.

Bill Williams IndicatorsOscillatorsTrend Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer