OPEN-SOURCE SCRIPT
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Rex Oscillator [CC]

5966
The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. Buy when the indicator is green and sell when it turns red.

Let me know if you would like me to publish other scripts or if you want something custom done!
Note di rilascio
allowed user to change signal length
Note di rilascio
changed bar color to match indicator
Note di rilascio
updated to make it a histogram chart
Note di rilascio
fixed issue with default resolution

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