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Nonlinear Parametric Oscillator - PSO

This script is in development phase and may be buggy. use with your own risk. The idea here is to determine the sinusoidal directional changes in the supply and demand. Based on direction, you can enter and make huge gains. Recommended to use on 1 min chart. The sideways market would be indicated as flattening in the respective bands. There are four bands, bottom one is where market is in BEAR mode and top one is when market is in BULL mode.

The indicator doesnt work well when the ticker price is less than 10 dollars, i am working on it. Do not use on penny stocks, for the time. More-details when I make this a robust version.
开源脚本

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。

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想在图表上使用此脚本?