OPEN-SOURCE SCRIPT
Fusion Oscillator (COMBINED RSI+MFI+MACD+CCI+TSI+RVI)
Mis à jour
The Fusion Oscillator aggregates several extremely-similar directional oscillators (RSI, MFI, MACD, CCI, TSI, RVI) into one average to visualize indicator agreement. To do this, I normalized several oscillators between [-1,1] to ensure equal weight.
The white line is the directional oscillator. The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator.
The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate.
I hope you all find this useful!
The white line is the directional oscillator. The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator.
The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate.
I hope you all find this useful!
Notes de version
Added ema into settingsNotes de version
Ease-of-use updates and I added alert conditions, for anybody interested in creating webhooks/automating it, or just for general alerts!Notes de version
Removed wavetrend input; didn't improve the indicator, made it slower. Feel free to browse earlier versions for the calculation.Notes de version
Updated the chart to use standard candlesScript open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
FAQ: I am gradually phasing out my Patreon because of the time it takes to maintain.
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