OPEN-SOURCE SCRIPT

True Single Line Fusion [by TitikSona]

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🧠 Full Description

True Single Line Fusion by TitikSona is an open-source oscillator that unifies Fast Stochastic, Slow Stochastic, and RSI into a single smooth momentum line.
It simplifies multi-oscillator analysis into one clear visual — helping traders recognize potential momentum shifts, exhaustion, and reversal zones.

⚙️ Core Logic

The indicator calculates:

Fast Stochastic (12,3,3) → short-term swing sensitivity

Slow Stochastic (100,8,8) → broad trend context

RSI (26) → overall strength and directional bias

All three are normalized (0–100) and averaged to form the Fusion Line, creating a single unified momentum curve.
A Signal Line (SMA-9) and Histogram are added to highlight short-term acceleration or deceleration.

Formula: Fusion = (FastK + SlowK + RSI) / 3

🔍 Interpretation

Fusion Line rising → momentum strengthening upward

Fusion Line falling → momentum weakening

Histogram color (green/red) shows the direction and intensity of the move

Background highlights identify potential extremes:

🟩 Green = potential oversold region

🟥 Red = potential overbought region

💡 How to Use

Works on any symbol and timeframe.

Use the Fusion Line’s direction and slope as momentum context, not as direct buy/sell signals.

Combine with price structure, support/resistance, or volume analysis to confirm potential reversals.

Example:

Fusion Line turning upward from green zone → possible bullish momentum shift

Fusion Line turning downward from red zone → possible bearish exhaustion

📘 Notes

Ideal for identifying turning points in ranging or consolidating markets.

Does not generate automated signals or predictions.

Open-source for learning, modification, and educational use.

Designed for clarity, low lag, and clean visualization.

🧩 Developed and shared by TitikSona — made to unify oscillators into one adaptive momentum tool.

Clause de non-responsabilité

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