OPEN-SOURCE SCRIPT
MA Oscillator Map [ChartPrime]

⯁ OVERVIEW
The MA Oscillator Map [ChartPrime] transforms moving average deviations into an oscillator framework that highlights overextended price conditions. By normalizing the difference between price and a chosen moving average, the tool maps oscillations between -100 and +100, with gradient coloring to emphasize bullish and bearish momentum. When the oscillator cools from extreme levels (-100/100), the indicator marks potential reversal points and extends short-term levels from those extremes. A compact side table and dynamic bar coloring make momentum context visible at a glance.
⯁ KEY FEATURES
⯁ USAGE
⯁ CONCLUSION
The MA Oscillator Map reframes moving average deviations into a visual momentum tracker with extremes, reversal signals, and dynamic levels. By blending oscillator math with intuitive visuals like gradient candles, diamonds, and a live gauge, it helps traders spot overextension, exhaustion, and momentum shifts across any market.
The MA Oscillator Map [ChartPrime] transforms moving average deviations into an oscillator framework that highlights overextended price conditions. By normalizing the difference between price and a chosen moving average, the tool maps oscillations between -100 and +100, with gradient coloring to emphasize bullish and bearish momentum. When the oscillator cools from extreme levels (-100/100), the indicator marks potential reversal points and extends short-term levels from those extremes. A compact side table and dynamic bar coloring make momentum context visible at a glance.
⯁ KEY FEATURES
- Oscillator Mapping (±100 Scale):
Price deviation from the selected MA is normalized into a percentage scale, allowing consistent overbought/oversold readings across assets and timeframes.Pine Script® // MA MA = ma(close, maLengthInput, maTypeInput) diff = src - MA maxVal = ta.highest(math.abs(diff), 50) osc = diff / maxVal * 100 - Customizable MA Types:
Choose SMA, EMA, SMMA, WMA, or VWMA to fine-tune the smoothing method that powers the oscillator. - Extreme Signal Diamonds:
When the oscillator retreats from +100 or -100, the script plots diamonds to flag potential exhaustion and reversal zones. - Dynamic Levels from Extremes:
Upper and lower dotted lines extend from recent overextension points, projecting temporary barriers until broken by price. - Gradient Bar Coloring:
Candles and oscillator values adopt a bullish-to-bearish gradient, making shifts in momentum instantly visible on the chart. - Compact Momentum Map:
A table at the chart’s edge plots the oscillator position with a gradient scale and live percentage label for precise momentum tracking.
⯁ USAGE
- Watch for diamonds after the oscillator exits ±100 — these mark potential exhaustion zones.
- Use extended dotted levels as short-term reference lines; if broken, trend continuation is favored.
- Combine gradient bar coloring with oscillator shifts for confirmation of momentum reversals.
- Experiment with different MA types to adapt sensitivity for trending vs. ranging markets.
- Use the side momentum table as a quick-read gauge of trend strength in percent terms.
⯁ CONCLUSION
The MA Oscillator Map reframes moving average deviations into a visual momentum tracker with extremes, reversal signals, and dynamic levels. By blending oscillator math with intuitive visuals like gradient candles, diamonds, and a live gauge, it helps traders spot overextension, exhaustion, and momentum shifts across any market.
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.