OPEN-SOURCE SCRIPT
Serajian Oscillator

Unleash the power of momentum with the Serajian Oscillator! This innovative indicator tracks the normalized difference between price and volume Rate of Change (ROC), delivering a vibrant oscillator with a 5-period EMA for visual guidance. Spot high-probability reversals with striking markers at the chart’s bottom: red triangles signal overbought conditions (> +2.0), blue triangles highlight oversold zones (< -2.0), purple diamonds flag extreme overbought levels (> +3.0), and orange diamonds pinpoint extreme oversold opportunities (< -3.0). Stay ahead with instant alerts on zone entries! Perfect for traders hunting reversals in stocks, forex, or crypto, the Serajian Oscillator lets you fine-tune ROC Period, Normalization Period, and zone thresholds to match your strategy.
**Important**: Like all indicators, the Serajian Oscillator can generate false signals and should not be used alone. Always combine it with other technical analysis tools, price action, or market context for confirmation. This indicator is provided for informational purposes only. Traders are solely responsible for thoroughly backtesting and validating its performance before use. The author is not responsible for any financial losses or decisions made based on this indicator. Use at your own risk and dive into the action wisely!
**Important**: Like all indicators, the Serajian Oscillator can generate false signals and should not be used alone. Always combine it with other technical analysis tools, price action, or market context for confirmation. This indicator is provided for informational purposes only. Traders are solely responsible for thoroughly backtesting and validating its performance before use. The author is not responsible for any financial losses or decisions made based on this indicator. Use at your own risk and dive into the action wisely!
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。