Range Oascilator + LessDivergences + MACD+StochRSI

Range Oscillator + EMA Filter

Calculates a custom oscillator based on the highest high and lowest low over a chosen period.

Generates BUY signals when the oscillator crosses up from the oversold zone and price is above the EMA.

Generates SELL signals when the oscillator crosses down from the overbought zone and price is below the EMA.

MACD (3‑10‑16 EMA Settings)

Uses fast EMA = 3, slow EMA = 10, signal EMA = 16.

Detects bullish and bearish crossovers.

These crossovers only trigger a single unified buy/sell signal if they coincide with Stochastic RSI being in oversold (for buy) or overbought (for sell) zones.

Stochastic RSI

Standard calculation with %K and %D smoothing.

Defines oversold (<20) and overbought (>80) zones.

Used both for divergence detection and as a filter for MACD signals.

Divergence Detection

RSI Divergence: Price makes a lower low but RSI makes a higher low (bullish), or price makes a higher high but RSI makes a lower high (bearish).

MACD Histogram Divergence: Price makes a lower low but MACD histogram makes a higher low (bullish), or price makes a higher high but MACD histogram makes a lower high (bearish).

Stochastic RSI Divergence: Similar logic applied to %K line.

Divergences are flagged only once per pivot to avoid repetitive signals.

Visuals

EMA plotted on chart.

BUY/SELL signals shown as triangles above/below bars.

Divergences shown as labels (e.g., “RSI BullDiv”, “MACD BearDiv”).

Unified MACD+Stoch RSI signals shown in distinct colors (lime for buy, orange for sell).