OPEN-SOURCE SCRIPT

Fusion Oscillator (COMBINED RSI+MFI+MACD+CCI+TSI+RVI)

Aggiornato
The Fusion Oscillator aggregates several extremely-similar directional oscillators (RSI, MFI, MACD, CCI, TSI, RVI) into one average to visualize indicator agreement. To do this, I normalized several oscillators between [-1,1] to ensure equal weight.

The white line is the directional oscillator. The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator.

The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate.

I hope you all find this useful!
Note di rilascio
Added ema into settings
Note di rilascio
Ease-of-use updates and I added alert conditions, for anybody interested in creating webhooks/automating it, or just for general alerts!
Note di rilascio
Removed wavetrend input; didn't improve the indicator, made it slower. Feel free to browse earlier versions for the calculation.
Note di rilascio
Updated the chart to use standard candles
agreementCentered OscillatorsMoney Flow Index (MFI)Relative Strength Index (RSI)

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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