Contrarian Crowd Oscillator

Ever enter a trade because it looks super bullish or bearish and immediately goes the other way?

The Contrarian Crowd Oscillator identifies dangerous market sentiment extremes by synthesizing multiple technical indicators into a single powerful contrarian signal. Stop getting trapped in crowded trades and start profiting from crowd psychology!

What This Indicator Does
This oscillator combines 6 different technical perspectives (RSI, Stochastic, Williams %R, CCI, ROC, and MFI) to measure market consensus and identify when sentiment becomes dangerously one-sided. It answers the critical question: "Is everyone thinking the same thing right now?"

Why This Works
Market psychology is predictable. When everyone becomes extremely bullish or bearish, they create unsustainable conditions:

• Extreme Bullishness: No buyers left to push prices higher
  
• Extreme Bearishness: No sellers left to push prices lower
  
• High Consensus: Crowded trades become vulnerable to sudden reversals
  

This oscillator quantifies these psychological extremes and gives you the edge to trade against the crowd when they're most likely to be wrong.