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ADA Gravity Oscillator

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This indicator is a deviation of a Center of Gravity Oscillator corrected for the diminishing returns of Cardano (ADA).

I've set up this indicator for it to be used on the weekly timeframe . The indicator oscillates between 0 and 10, where 0 indicates oversold conditions and 10 indicates overbought conditions.

The indicator plots in any ADAUSD chart.

It paints in all time frames, but Weekly time frame is the correct one to interpret the 'official' read of it.

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