Name: Oscillator Channel Indicator
SKU: 19258
Price: 69 EUR
Availability: InStock

Plot on price 11 types of oscillators in a polynomial regression channel:

RSI = Relative Strength index oscillator
CCI = Commodity Channel index oscillator
ROC= Rate of Change oscillator
STO = Stochastic oscillator
MACD histo = Moving Average Convergence Divergence oscillator
MOM = Momentum oscillator
ADX = Average directional oscillator index
TRIX = Triple Exponential Average oscillator
WILL= Williams%R
UNI = Universal (Ehlers)
SMI = Stochastic Momentum index oscillator
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All setting availavable for each oscillator
Work in all timeframes and in all market instruments
Customizable on request
It is not compatible with ProRealtime V10.3
Screener not available yet
This product works in any Futures, Forex or Stock/ETF Markets

Description

This indicator plot on price chart 11 oscillators, placing them in the polynomial regression channel. In the interface you can set the periods of each oscillator, select different colors to customize and optimize the graphics, and select the order of the polynomial that forms the channel, being able to use it as a simple channel to view the market trend.

: Polynomial Order = 0

: Polynomial Order = 1

: Polynomial Order = 2

: Polynomial Order = 3

: Polynomial Order = 4

: Polynomial Order = 5

: Universal oscillator

: RSI

: CCI

: ROC

: STO

: MACD

: MOM

: ADX

: TRIX

: WILL%

: SMI

INTERFACE:

: INTERFACE

NmbrBars: Number of bars of the channel
PolynomialOrder: Polynomial order
Oscillator: From 1 to 11 to select type of oscillator
Discance: To move on the right data texts
RSIp: Period of Relative strenght index
CCIp: Period of Commodity channel index
ROCp: Period of Rate of Change
STOk: Period of stocasthic
STOks: Period of moving average %K
STOds: Period of moving average %D
MACDfp: Period exponential average 1
MACDsp: Period exponential average 2
MACDsig: Period of signal
MOMp: Period of Momentum
ADXp: Period of ADX
TRIXp: Period of TRIX
TRIXpa: Period moving average
WILp: Period of William%
UNIb: Period of Bandedge
UNIn: Period of Noise
SMIp: Period of SMI
SMI1: Period of fast exponential average
SMI2: Period of slow exponential average
SMIs: Period of signal
lineR: Red color for channel lines
lineG: Green color for channel lines
lineB: Blue color for channel lines
OscR: Red color for oscillator lines
OscG: Green color for oscillator lines
OscB: Blue color for oscillator lines
DataR: Red color for data texts
DataG: Green color for data texts
DataB: Blue color for data texts
View: Colors for universal channel
Alpha: Trasparency of lines

SUGGESTION:

: SUGGESTION

How can “Oscillator channel “helps you?

You can finally cRSIRompare the movements of the oscillator with the price
With just 1 indicator you can quickly view the status of different oscillators without having to keep them under the chart.
You can easily see any kind of divergence overlaid on the price.
You can use the channel and linear regression to evaluate the possibility of price reversal towards the center of gravity (center line of the channel)