OPEN-SOURCE SCRIPT
MA Oscillator Map [ChartPrime]

⯁ OVERVIEW
The MA Oscillator Map [ChartPrime] transforms moving average deviations into an oscillator framework that highlights overextended price conditions. By normalizing the difference between price and a chosen moving average, the tool maps oscillations between -100 and +100, with gradient coloring to emphasize bullish and bearish momentum. When the oscillator cools from extreme levels (-100/100), the indicator marks potential reversal points and extends short-term levels from those extremes. A compact side table and dynamic bar coloring make momentum context visible at a glance.
⯁ KEY FEATURES
⯁ USAGE
⯁ CONCLUSION
The MA Oscillator Map reframes moving average deviations into a visual momentum tracker with extremes, reversal signals, and dynamic levels. By blending oscillator math with intuitive visuals like gradient candles, diamonds, and a live gauge, it helps traders spot overextension, exhaustion, and momentum shifts across any market.
The MA Oscillator Map [ChartPrime] transforms moving average deviations into an oscillator framework that highlights overextended price conditions. By normalizing the difference between price and a chosen moving average, the tool maps oscillations between -100 and +100, with gradient coloring to emphasize bullish and bearish momentum. When the oscillator cools from extreme levels (-100/100), the indicator marks potential reversal points and extends short-term levels from those extremes. A compact side table and dynamic bar coloring make momentum context visible at a glance.
⯁ KEY FEATURES
- Oscillator Mapping (±100 Scale):
Price deviation from the selected MA is normalized into a percentage scale, allowing consistent overbought/oversold readings across assets and timeframes.Pine Script® // MA MA = ma(close, maLengthInput, maTypeInput) diff = src - MA maxVal = ta.highest(math.abs(diff), 50) osc = diff / maxVal * 100 - Customizable MA Types:
Choose SMA, EMA, SMMA, WMA, or VWMA to fine-tune the smoothing method that powers the oscillator. - Extreme Signal Diamonds:
When the oscillator retreats from +100 or -100, the script plots diamonds to flag potential exhaustion and reversal zones. - Dynamic Levels from Extremes:
Upper and lower dotted lines extend from recent overextension points, projecting temporary barriers until broken by price. - Gradient Bar Coloring:
Candles and oscillator values adopt a bullish-to-bearish gradient, making shifts in momentum instantly visible on the chart. - Compact Momentum Map:
A table at the chart’s edge plots the oscillator position with a gradient scale and live percentage label for precise momentum tracking.
⯁ USAGE
- Watch for diamonds after the oscillator exits ±100 — these mark potential exhaustion zones.
- Use extended dotted levels as short-term reference lines; if broken, trend continuation is favored.
- Combine gradient bar coloring with oscillator shifts for confirmation of momentum reversals.
- Experiment with different MA types to adapt sensitivity for trending vs. ranging markets.
- Use the side momentum table as a quick-read gauge of trend strength in percent terms.
⯁ CONCLUSION
The MA Oscillator Map reframes moving average deviations into a visual momentum tracker with extremes, reversal signals, and dynamic levels. By blending oscillator math with intuitive visuals like gradient candles, diamonds, and a live gauge, it helps traders spot overextension, exhaustion, and momentum shifts across any market.
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。