OPEN-SOURCE SCRIPT

Anchor Pulse Wave

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Anchor Pulse Wave [V1] – Median Anchor Overlay (MAO) with Real Deviation Strength (RDS) Confluence built-in.

This overlay companion to the Median Anchor Oscillator (MAO) brings mean-reversion gravity to life. It plots the rolling median as a customizable anchor line, surrounded by translucent, one-sided pulse bands that "breathe" based on Real Deviation Strength (RDS) – smoothed absolute deviation intensity.

"Possibly the simplest yet most robust open-source overlay for mean-reversion — median gravity + real deviation strength pulsing in real time."

Core Visuals:
• Median Anchor Line – dynamic fair-value centerline (custom color)
• Pulse Wave Bands – translucent fill (custom color & base transparency) thickens/opaques on strong deviation (high RDS), thins/fades on strength crack → intuitive "highlight" for conviction shifts
• One-sided design: upper band for positive stretches, lower for negative

Signals & Confluence:
• Exhaustion arrows/labels (Bull Exh ↑ Long / Bear Exh ↓ Short) only fire on pivot + RDS strength crack → cleaner, high-quality signals
• Re-Entry labels flag gravity pullback zones
• Best used with MAO subchart: confirm highlights with divergence (e.g., MAO higher lows on price lower lows for bullish setups)

Built-in Alerts:
• Strong Bull Exh (Long) – crack + pivot (low-risk long)
• Strong Bear Exh (Short) – crack + pivot (low-risk short)
• Re-Entry Alert – gravity reversal in play
• Band Highlight – strength building fast (deviation conviction rising)

How to Trade:
1. Watch for band highlights (hue/thickness change – strength peaking/cracking)
2. Confirm with MAO divergence / threshold cross
3. Enter on confluence → hold through solid phases, exit on opposite re-entry

Why this works: Pure median + MAD math (outlier-resistant), RDS adds real strength filtering without extra panes. Low-risk mean-reversion edge when layers align.

Got RSI or MACD for divergence? those work alright too!

Open-source Pine v6. Feedback welcome – refinements appreciated!

© RU55IANROUL3TT3 – Personal use & modification OK, credit appreciated if shared.

Links for MAO + RDS [In developement - ALPHA]
Median Anchor Oscillator [ALPHA]

Real Deviation Strength (RDS) [ALPHA]

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