OPEN-SOURCE SCRIPT
UCS_Murrey's Math Oscillator
This is a new indicator release, Using the principle of Murrey Math Line Trading Systems. It will be easier for someone to add alerts on an oscillator rather than a overlay.
Currently, I did add some aesthetics for those who like to view different colors, can be turned off.
Oscillator Color Definition -
Green = Above MidLine
Red = Below Midline
Blue = Below Negative 3rd Quadrant
Orange = Above Positive 3rd Quadrant
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Planned future Improvement is to consider Wicks as well.
Do post your opinions and any improvement.
GL.
Currently, I did add some aesthetics for those who like to view different colors, can be turned off.
Oscillator Color Definition -
Green = Above MidLine
Red = Below Midline
Blue = Below Negative 3rd Quadrant
Orange = Above Positive 3rd Quadrant
/////////
Planned future Improvement is to consider Wicks as well.
Do post your opinions and any improvement.
GL.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Uday C Santhakumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Uday C Santhakumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.