OPEN-SOURCE SCRIPT

Quantum Oscillator Pine v6 - Aynet


This Pine Script™ code, built with version 6, implements the Quantum Oscillator - Aynet, a normalized oscillator designed for visualizing price dynamics within a specific fractal range. The code emphasizes visual clarity with a rainbow color scheme for the oscillator line and adaptive threshold bands.

Key Features:
Quantum Oscillator Calculation:

The oscillator value (quantum_oscillator) is derived from the current price position relative to the highest (fractal_high) and lowest (fractal_low) prices over a customizable depth (quantum_depth).
Normalized to a 0-100 range.
Adaptive Threshold Bands:

Upper Band: Calculated using the Golden Ratio Threshold (quantum_upper_band).
Lower Band: A complementary lower boundary (quantum_lower_band).
Rainbow Color Mapping:

The oscillator is dynamically color-coded based on value:
0-20: Red
20-40: Orange
40-60: Yellow
60-80: Green
80-100: Blue
Visualization:

The Quantum Oscillator is plotted with a rainbow color line.
Dashed horizontal lines mark the upper and lower threshold bands.
Background highlights:
Green when the oscillator is below the lower band.
Red when the oscillator is above the upper band.
V6 Emphasis:
Utilizes Pine Script™ version 6, ensuring compatibility with the latest language features and improvements.
Clean, modern syntax for enhanced readability and efficiency.
This indicator is visually appealing and provides insights into price dynamics within a fractal range, ideal for adaptive market analysis.
Bands and Channelsconcepteducational

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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