OPEN-SOURCE SCRIPT
Miggy Oscillator — NeoWave v7.2 + Fib + TP
🌀 Miggy Oscillator — NeoWave v7.2 + Fibonacci + TP
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.