AekFreedom Trading Oscillator

AekFreedom Trading Oscillator: User Guide
Overview

The AekFreedom Trading Oscillator is a comprehensive, all-in-one technical analysis tool designed for TradingView. It consolidates a powerful suite of essential indicators into a single, highly customizable indicator pane. The primary goal is to reduce chart clutter and provide traders with a multi-faceted view of the market, combining momentum, trend strength, volatility, and divergence signals in one place.

Core Features & Indicators

This script includes the following fully customizable indicators:

Relative Strength Index (RSI): A core momentum oscillator used to measure the speed and change of price movements. It features gradient fills for overbought (70-100) and oversold (0-30) zones, along with an optional smoothing moving average.

Stochastic Oscillator: Another momentum indicator that compares a particular closing price of a security to a range of its prices over a certain period of time to identify overbought and oversold conditions.

MACD (Moving Average Convergence Divergence): A trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs). It includes the MACD line, Signal line, and Histogram.

Awesome Oscillator (AO): A momentum indicator that measures the market's driving force by comparing recent momentum with general momentum over a wider timeframe.

ADX (Average Directional Index): An indicator used to quantify the strength of a trend, regardless of its direction (up or down). An ADX value over 25 typically suggests a strong trend.

ATR (Average True Range): A key indicator for measuring market volatility.

Advanced Divergence Engine

One of the most powerful features of this script is its built-in Divergence Engine. It can automatically detect and display both Regular Bullish and Regular Bearish divergences.

Supported Indicators: Divergence detection is available for RSI, Awesome Oscillator (AO), and the MACD Line.

Visual Signals: When a divergence is found, the script will:

Draw a line on the oscillator connecting the relevant pivot points.

Display a "Bull" or "Bear" label directly below or above the signal for easy identification.

Alerts: You can set up alerts in TradingView that will trigger whenever a new divergence signal appears.

How to Use: Settings Panel

The indicator is fully customizable via the settings panel.

Indicator Visibility

This is your main control panel for toggling visuals on and off to keep your chart clean.

Show...: Check or uncheck any indicator (e.g., Show RSI & MA, Show Stochastic, Show ATR) to display or hide it instantly.

Show... Divergence: Use these checkboxes (e.g., Show RSI Divergence) to control the visibility of the divergence lines and labels on the chart.

Indicator-Specific Settings

Each indicator has its own group of settings for fine-tuning its parameters.

RSI / AO / MACD Settings:

Here you can adjust standard parameters like Length, Source, etc.

IMPORTANT: Each of these has a Calculate Divergence checkbox. You must enable this checkbox for the script to perform the resource-intensive calculation for that indicator's divergence.

Stochastic Settings: Adjust the %K Length, %K Smoothing, and %D Smoothing.

ADX Settings: Adjust the ADX Smoothing and DI Length.

ATR Settings: Adjust the Length for the ATR calculation.

📌 How to Enable Divergence Signals (2 Steps):
To see divergence for an indicator (e.g., MACD), you must do two things:

Go to "MACD Settings" and check the box for Calculate Divergence.

Go to "Indicator Visibility" and ensure the box for Show MACD Divergence is also checked.