OPEN-SOURCE SCRIPT

LBR Oscillator

14 712
Oscillator used by Linda Bradford Raschke.

Basicly it's a MACD with 3/10/16 settings but without the histogram (difference between fast and slow line), instead the shown histogram is based on the fastline (green bars = fastline above zero). The color of the lines will tell you if the line is falling (red) or rising (green).

In terms of setups dont just buy or sell if a line is changing its color. Look for divergences or setups like first cross or anti.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.