Faytterro Oscillator

faytterro 已更新   
what is Faytterro oscillator?
An oscillator that perfectly identifies overbought and oversold zones.

what it does?
this places the price between 0 and 100 perfectly but with a little delay. To eliminate this delay, it predicts the price to come, and the indicator becomes clearer as the probability of its prediction increases.

how it does it?
This indicator is obtained with "faytterro bands", another indicator I designed. For more information about faytterro bands: A kind of stochastic function is applied to the faytterro bands indicator, and then another transformation formula that I have designed and explained in detail in the link above is applied. These formulas are also applied again to calculate the prediction parts.

how to use it?
Use this indicator to see past overbought and oversold zones and to see future ones.
The input named source is used to change the source of the indicator.
The length serves to change the signal frequency of the indicator.

alert added.
warning added
added color and line size changes.
Fixed the label on scala.
barcolor removed, bgcolor added.

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!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的约束。 您可以收藏它以在图表上使用。