OPEN-SOURCE SCRIPT

AlphaFlow: Oscillator Panel

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AlphaFlow: Oscillator Panel

The AlphaFlow: Oscillator Panel indicator is a versatile multi-tool designed to provide a comprehensive view of momentum, volatility, and trend strength across different timeframes. This script combines several popular technical analysis tools into a single dashboard for faster decision-making.

Key Features:
WaveTrend Oscillator (WT1 and WT2): Tracks price momentum to help identify potential reversals or trend continuations.
RSI and BBWP: Measures relative strength and volatility compression/expansion.
VWAP-MACD and OBV: Includes volume-based momentum insights and higher timeframe confirmations.
Multi-Timeframe Confluence: Highlights if various oscillators align across multiple timeframes.
Dynamic Table: A dashboard that updates in real time, providing numeric values and playful narratives for easier reading.

Configurable Text Size
: Customize the table’s text size for better visibility.
Anchor, Trigger, Snake Eye Labels: These markers appear when WT1 crosses significant thresholds:
Anchor (A): Marks a potential base or bottoming signal.
Trigger (T): Confirms a potential momentum reversal.
Snake Eyes: Indicates particularly strong or rare reversal conditions.

How to Use:

Load the indicator on your chart.
Adjust input parameters like RSI length, BBWP length, CMF length, and others to suit your market and timeframe.
Use the Decision Table: It updates automatically on the latest bar to show oscillator readings, trend state, and multi-timeframe confluence.
Monitor for alignment: Bullish or bearish signals are highlighted when all components agree.
Look for Anchor, Trigger, Snake Eye labels: These help identify key turning points.
Combine with your trading strategy: This indicator is a decision-support tool and should be used with other forms of analysis and risk management.

Important:
This script does not provide financial advice. It’s a technical analysis tool designed to aid traders in decision-making and should be used at your own risk.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.