OPEN-SOURCE SCRIPT
[blackcat] L2 Super Oscillator
Level2
Background
A super oscillator with overbought and oversold detections.
Function
Represented by a white line, this Super Oscillator indicator identifies instruments that are overbought or oversold, which can be an important part of determining buy and sell points. An oversold market is a market that has fallen sharply and is expected to recover. In this indicator, gray candlesticks are used at the bottom to show that an oversold zone is near and a red candlestick shows that the overbought zone is ending. On the other hand, an overbought market has risen sharply and could be ripe for a decline. Yellow line dips are used to indicate overbought zones.
Remarks
Feedbacks are appreciated.
Background
A super oscillator with overbought and oversold detections.
Function
Represented by a white line, this Super Oscillator indicator identifies instruments that are overbought or oversold, which can be an important part of determining buy and sell points. An oversold market is a market that has fallen sharply and is expected to recover. In this indicator, gray candlesticks are used at the bottom to show that an oversold zone is near and a red candlestick shows that the overbought zone is ending. On the other hand, an overbought market has risen sharply and could be ripe for a decline. Yellow line dips are used to indicate overbought zones.
Remarks
Feedbacks are appreciated.
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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