OPEN-SOURCE SCRIPT
SDO
(SDO)
The Ultimate Oscillator for Precision Trading!
The Sarthak Dehkale Oscillator (SDO) is a powerful tool designed to identify overbought and oversold zones, giving you clear signals to capitalize on market reversals and trends. Perfect for traders of all levels, the SDO combines trend-following WaveTrend logic with visual enhancements for easy decision-making.
Key Features:
✨ Customizable Parameters: Adjust Channel Length and Average Length to suit your trading style.
✨ Dynamic Levels: Highlights primary (70, -70) and secondary (50, -50) zones with vibrant dashed lines for quick identification.
✨ Dual WaveTrend Lines: Observe WT1 and WT2 for trend strength and crossover signals.
✨ Visual Area Effect: Shaded regions between WT1 and WT2 make divergence spotting a breeze.
How to Use:
✅ Look for WT1 crossing above or below the overbought/oversold levels for potential reversals.
✅ Watch WT1 and WT2 crossovers for precise buy or sell signals.
✅ Use the shaded divergence area to gauge momentum shifts.
Empower your trades with SDO, the perfect balance of simplicity and technical depth. Add it to your chart today and trade with confidence!
The Ultimate Oscillator for Precision Trading!
The Sarthak Dehkale Oscillator (SDO) is a powerful tool designed to identify overbought and oversold zones, giving you clear signals to capitalize on market reversals and trends. Perfect for traders of all levels, the SDO combines trend-following WaveTrend logic with visual enhancements for easy decision-making.
Key Features:
✨ Customizable Parameters: Adjust Channel Length and Average Length to suit your trading style.
✨ Dynamic Levels: Highlights primary (70, -70) and secondary (50, -50) zones with vibrant dashed lines for quick identification.
✨ Dual WaveTrend Lines: Observe WT1 and WT2 for trend strength and crossover signals.
✨ Visual Area Effect: Shaded regions between WT1 and WT2 make divergence spotting a breeze.
How to Use:
✅ Look for WT1 crossing above or below the overbought/oversold levels for potential reversals.
✅ Watch WT1 and WT2 crossovers for precise buy or sell signals.
✅ Use the shaded divergence area to gauge momentum shifts.
Empower your trades with SDO, the perfect balance of simplicity and technical depth. Add it to your chart today and trade with confidence!
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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