The main oscillator (orange/blue) histogram is the RCV-MACRS (Relative Candle Volatility driven MACD modulated RSI) -- basically a sensitive indicator of volatility trends. The yellow/lavender colored oscillator is a proprietary asymmetric differential oscillator (ADO) which is modulated by the main oscillator. When this (thinner line) secondary oscillator is >...
This is the open-source stripped down version of the full-featured RSI-MACD indicator (MACRS), with the ADO and the option to filter out weekend price action removed. The main oscillator is the RSI modulated by the MACD (default). The RSI mode can be disabled to revert to a normal MACD oscillator for the main oscillator. When the main oscillator (thicker line)...
The main oscillator is the RSI modulated by the MACD (default). The RSI mode can be disabled to revert to a normal MACD oscillator for the main oscillator. When the main oscillator (thicker line) is > 0, it is green; and if it is < 0, it is red. The MACD can be re-scaled and whenever its value > 100, a background fill between the oscillator and the zeroline...