MSO - Market Stress Oscillator [WavesUnchained]

MSO - Market Stress Oscillator [WavesUnchained]

Bidirectional stress oscillator built on WVF + Z-score, with JMA/ADX filters, regime bias, and validated follow-through. Designed to expose downside panic vs upside euphoria and measure whether the market accepts or rejects each stress event.

Quick Setup
- Stress Color Mode: Intuitive (Downside=green, Upside=red) or Technical (classic colors).


CORE CONCEPT
- Downside stress: price flushes below WVF baseline (panic)
- Upside stress: price stretches above WVF baseline (euphoria)
- Stress is normalized via Z-score for cross-asset/timeframe robustness

ENGINE (BI-WVF + Z-SCORE)
- WVF Long and Short computed separately (panic vs euphoria)
- Z-score window normalizes extremes
- Thresholds are TF-aware (15m / 1h / 4h / D / W / M)

QUALITY FILTERS
- JMA trend filter (slope-based, low-lag)
- ADX minimum for trend strength
- Min Extreme Duration to avoid 1-bar noise
- Cooldown to prevent signal clustering

ACCEPT / REJECT LOGIC
- Events are evaluated after reactBars (forward follow-through)
- Accepted: follow-through >= minFollowATR
- Rejected: follow-through < minFollowATR
- Scores (0..1) optionally plotted as acceptance strength

BIAS / REGIME CONTEXT
- Bias line: zL - zS (who dominates)
- Bias band: regime threshold (only meaningful outside band)
- HTF Wind: higher-timeframe bias flip (JMA smoothed)
- Clarity Label: regime entry aligned with HTF + absBias threshold

VISUALIZATION
- Stress Lines: Red = downside stress (panic), Green = upside stress (euphoria)
- Bias Line: zL - zS (who dominates). Neutral inside band, colored outside.
- Bias Band: regime threshold. Fill shows when bias is usable.
- Zones: boxes at peak events (history preserved, FIFO capped)
- Chart Labels: DA/DR/UA/UR (or LA/LR/SA/SR) at peaks
- Lines: reaction window + peak level lines (FIFO capped)

STRESS COLOR MODE
- Intuitive: Downside stress = green, Upside stress = red (opportunity mapping)
- Technical: Downside stress = red, Upside stress = green (classic convention)
- This setting is visual only; logic, bias, and signals are unchanged

HOW TO USE
1. Read the stress lines: red spikes = panic risk, green spikes = euphoria risk.
2. Check bias: outside the band = usable regime; inside = noise.
3. Use DA/DR/UA/UR:
- DA/UA = stress accepted (follow-through confirmed)
- DR/UR = stress rejected (weak follow-through)
4. Add HTF wind: prefer signals aligned with HTF bias.
5. Tune presets by TF; use manual TF override for testing.

PRESETS & UI
- Full TF preset table (15m / 1h / 4h / D / W / M)
- Manual TF override for testing
- Preset summary panel (optional)

LOGGING (CSV)
- Pivot and stress logs for validation
- Early/First-pivot classification options
- Label IDs included for chart-to-log tracing

BEST USE CASES
- Panic/euphoria detection with follow-through validation
- Regime-aware context (bias + HTF wind)
- Multi-timeframe stress mapping (15m to Weekly)

Version: 1.0.0
Author: WavesUnchained
Pine Script: v6

Educational use only. Test thoroughly before live trading.