Fusion Oscillator (COMBINED RSI+MFI+MACD+CCI+TSI+RVI)

2022年11月20日

The Fusion Oscillator aggregates several extremely-similar directional oscillators (RSI, MFI, MACD, CCI, TSI, RVI) into one average to visualize indicator agreement. To do this, I normalized several oscillators between [-1,1] to ensure equal weight.

The white line is the directional oscillator. The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator.

The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate.

I hope you all find this useful!

2022年12月13日

リリースノート

Added ema into settings

2023年1月17日

リリースノート

Ease-of-use updates and I added alert conditions, for anybody interested in creating webhooks/automating it, or just for general alerts!

2023年2月19日

リリースノート

Removed wavetrend input; didn't improve the indicator, made it slower. Feel free to browse earlier versions for the calculation.

2023年3月3日

リリースノート

Updated the chart to use standard candles