Multi-Oscillator Consensus Engine [AGPro Series]

Multi-Oscillator Consensus Engine [AGPro Series]

🔹 Overview

Multi-Oscillator Consensus Engine aggregates ten independent momentum
oscillators into a single regime classifier with overlay Consensus Zones,
flip event labels, and agreement persistence tracking. Instead of watching
ten charts separately, traders see one unified answer: are the oscillators
in agreement, and what is the consensus saying right now?

The script monitors RSI, Stochastic, CCI, MFI, Williams %R, ROC, Ultimate
Oscillator, MACD, DMI balance, and Aroon balance. Each oscillator is
normalized to a 0–100 scale and votes bullish, bearish, or neutral against
configurable thresholds. The aggregated vote determines the market regime
and drives everything else on the chart.


🔹 Unique Edge

Most multi-oscillator tools stop at a dashboard or a simple agreement
percentage. This engine goes further:

- Regime Classification — four distinct states (Consensus Bull, Consensus
Bear, Divergent, Transition) instead of a binary signal.
- Consensus Zones — a horizontal price zone is born at every regime flip
and stays alive while the regime holds. When the regime ends, the zone
becomes historical structure.
- Flip Event Labels — regime transitions are marked directly on price
with merged flip + extreme agreement tags.
- Persistence Tracking — streak bars, last flip distance, and historical
extreme rate tell you how trustworthy the current consensus is.
- Label Discipline — cooldown, horizontal stagger, and flip+extreme merge
logic keep the chart readable even in choppy regimes.


🔹 Methodology

Step 1. Ten oscillators are computed with their classic defaults and
normalized to a 0–100 range. Indicators with native 0–100 output (RSI,
Stochastic, MFI, Ultimate) pass through directly. Others (CCI, ROC, MACD
histogram) are rescaled against their own recent range. Williams %R is
flipped from its native -100..0 scale.

Step 2. Each normalized oscillator casts a vote. Values above the bullish
threshold vote +1, values below the bearish threshold vote -1, everything
else is neutral. Vote counts and agreement percentage are computed bar by bar.

Step 3. Regime is assigned from the vote distribution. Seven or more votes
in one direction triggers Consensus Bull or Consensus Bear. A tight spread
(bull-bear difference ≤ 2) triggers Divergent. Everything else is a
Transition state.

Step 4. On every bull↔bear regime entry, a new Consensus Zone is born at
the current close ± a configurable ATR multiple. The zone extends forward
while the regime is active and locks in place when the regime ends. A
maximum of five active zones keeps the chart clean.

Step 5. Labels are rendered only when cooldown and merge rules allow.
Extreme agreement events (80%+ by default) are either merged into the flip
label or drawn separately with larger offset.


🔹 Signals & Alerts

Seven alert conditions ship with the script:

- Consensus Bull Entry — regime has just entered Consensus Bull
- Consensus Bear Entry — regime has just entered Consensus Bear
- Consensus Bull Flip — direct Bear → Bull transition
- Consensus Bear Flip — direct Bull → Bear transition
- Extreme Bullish Agreement — agreement crosses the extreme threshold up
- Extreme Bearish Agreement — same, on the bearish side
- Consensus Streak 20+ — current regime has held for twenty bars


🔹 Key Inputs

- Oscillator Periods — individual length settings for all ten oscillators
- Bullish / Bearish Thresholds — the normalized levels that define a vote
- Consensus Threshold — how many oscillators must agree for a regime (default 7/10)
- Extreme Agreement — agreement percentage for extreme events (default 80%)
- Consensus Zones — show/hide, ATR length and multiplier, max active count,
closed zone trail
- Label Cooldown — minimum bars between flip labels, prevents clutter
- Merge Flip + Extreme — combine same-bar events into one label
- Panel — six location options, Dark/Light theme, font sizes


🔹 How to Use

Trend traders: wait for a Consensus Bull or Consensus Bear regime to
establish (streak > 5 bars), then use pullbacks into the active Consensus
Zone as entries in the regime direction. Exit on opposite regime flip.

Reversion traders: Extreme Agreement events mark moments where all
oscillators are stretched in the same direction. These are classic mean
reversion setups. Wait for a regime flip against the extreme, confirmed on
the next bar.

Regime filter: overlay the panel on any chart and use the Regime and
Agreement readings as a binary filter for your primary system. Only take
longs when regime is Bull, only take shorts when regime is Bear.

Works on all timeframes from 1m to 1W. Higher timeframes produce fewer
but higher-conviction signals.


🔹 Limitations & Transparency

- The oscillator votes use normalized thresholds. On extremely narrow
ranges, the normalization may produce unstable votes. Raising the
Bullish/Bearish Thresholds reduces this sensitivity.
- Consensus Zones are drawn from close price at the flip bar. Large wick
bars may place the zone slightly away from the visual pivot.
- The script is not a standalone trading system. It is a confluence and
regime tool to combine with your own structure, volume, or price action
analysis.
- All signals repaint only within the current forming bar. Once a bar
closes and barstate.isconfirmed is true, flip labels and zones are final.


🔹 Risk Disclosure

This indicator is provided for educational and analytical purposes only.
It is not financial advice. Trading involves substantial risk. Past
behavior of regime transitions does not guarantee future performance.
Always use proper risk management and never risk more than you can afford
to lose.