MikeTyson
The oscillator usually moves between an OB/OS cloud.
The oscillator signals OB/OS condition when it enters the cloud. The oscillator line changes its color to signal its position relative to the cloud:
- In Between: No man's land
- Inside the Upper/Lower Cloud: OB/OS
- Beyond the Upper/Lower Cloud: Strong OB/OS (very usual in crypto currencies)
The indicator integrates Divergence Signalling. It allows to show:
- Regular Divergences
- Hidden Divergences
- Hinting on Developing Real-time Divergences (both regular and hidden)
Additionally, we can improve the read of OB/OS condition using the following addons:
- Show/Hide EMA Crosses
- Show/Hide Cloud
- Cloud Factor: To fine tune the OB/OS levels according to the characteristics of each market
The indicator needs at least 180 history bars to determine OB/OS levels.
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 gliderfund 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
Disclaimer
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 gliderfund 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.