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Ultimate Oscillator (UO)

[LAVA] UNO OverlayEDIT: Ignore the comments... I can't get the update to show due to hard brackets " " being censored for some reason.... but they show up in here so this is where the updates will show. This is the Ultimate (Nonlinear) Oscillator in overlay format. Took me a while to figure out the best configuration and finally found this one. From what I've observed, this is basically a support/resistance line indicator. When the candle moves thru the supporting/resisting line, its a entry/exit point or an indicator that the opposite side should be targeted depending on the market condition. Ignore the wicks as they go thru the line constantly. Go here to see updates... pastebin.com
Pine Script® indicator
by Ni6HTH4wK
44
Color coded UO Small modification to stock UO code to highlight lows / highs. This helps to see the trend easily. The length to check for high/low is configurable (lengthSlope), I am yet to find the optimal setting but 30 looks nice so far.
Pine Script® indicator
by LazyBear
77
1122
…999999

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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