OPEN-SOURCE SCRIPT

Price Clouds Oscillator (PCO)

アップデート済
This is the oscillator version of Price Clouds (PS). Use this with (PS) for best results.
Price Clouds (PS)


This indicator shows you over bought and over sold regions similarly to to rsi or stochastic. This indicator centers a moving average around the hl2 of the price. This is calculated as the difference of four moving averages. The signal line shows you how much momentum in any given direction you have. You can also see how much volatility there is by the band width. Just like the Bollinger band high volatility comes before low volatility and visa versa. You can also see what the market is doing based on the signal crosses. If the fast line is above the slow line you are going up and visa versa. This indicator works in most markets, especially crypto. There is a tool tip for every aspect of this indicator explaining how everything works.

Key Feature:
>See where the price is relative to a mean price
>Measure volatility
>Clean global settings
>Normalization feature lets you scale the band from 0 to 1. You loose some information but its easier to use if you aren't measuring volatility.

I hope you are very profitable with this one!
If you find this indicator is useful to you, Star it, Follow, Donate, Like and Share.
Your support is a highly motivation for me.


PCO
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リリースノート
New feature added: Histogram
Fix: Changed the center of the normalized setting
リリースノート
Tooltips updates
Organized menu
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hotfix
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Added presets
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Its been good.
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Redone from the ground up. Enjoy.
リリースノート
chart update lol
リリースノート
minor update
リリースノート
Added a new a new bandwidth view for when you are using normalization. Improved ui.
リリースノート
I added a candle view feature. :)
リリースノート
You can now customize the color :)
リリースノート
added delta macd colors and cross indicators
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added more cross
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Added alerts
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Made alerts easier
Bands and ChannelsCentered OscillatorscloudhighlowhighlowbandsHLMoving AveragespricecloudStandard Deviation (Volatility)

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