ZTCRYPTOLAB - Oscillator Matrix

14 小時前

ZTCRYPTOLAB – Oscillator Matrix is a momentum and market-strength oscillator designed to help traders identify overbought/oversold conditions, divergences, and potential reversal points with enhanced visual clarity.

🔹 Core Logic

This oscillator blends multiple momentum measures into a single framework:

RSI (Relative Strength Index) for directional momentum.

MFI (Money Flow Index) with dual fast/slow lengths for flow balance.

Stochastic smoothing for short-term acceleration.

These are normalized, transformed, and combined into two smoothed signal lines (fast vs. slow average) that form the backbone of the oscillator.

🔹 Visual Components

Histogram (Money Flow Cloud): Displays directional flow. As price pushes further into overbought/oversold zones, the histogram cloud brightens in intensity, making strong conditions stand out.

Signal Lines: Two smoothed oscillator curves, with crossovers and relative position highlighting momentum shifts.

Reversal Dots: Circles appear when the oscillator detects exhaustion in OB/OS territory, giving early reversal signals.

Status Line Bands: A confluence score (0–3) plots colored bands at the top/bottom of the panel, showing the current strength of bullish or bearish conditions.

🔹 Divergence Engine

The script includes a custom divergence detector that compares oscillator pivots with price pivots:

Regular divergences highlight momentum weakening against price extremes.

Hidden divergences signal continuation potential when momentum recovers faster than price.
The engine applies strict pivot distance rules and checks for line-cross violations, which reduces noise and false signals.

🔹 Take-Profit Signals

TP markers appear when the oscillator forms exhaustion pivots beyond ±50 zones, helping traders spot where momentum may fade after a run.

🔹 Alerts & Automation

All major events can be linked to TradingView alerts, including:

Signal line crossovers

Reversal dots

Divergences (regular + hidden)

Take-profit signals

Confluence score changes

Additionally, a Custom Alert Builder lets traders define multi-step conditions (e.g., “Money Flow cross + Reversal Dot + Divergence”) and trigger alerts only when sequences are met.

🔹 How to Use

Trend Confirmation: Use the histogram and signal lines to confirm market bias.

Reversals: Watch for dots + divergences near extremes.

Exits / Scaling: TP markers and bright clouds highlight when momentum is stretched.

Alerts: Configure the builder to align with your trading plan (scalping, swing, trend-following).

7 小時前

發行說明

Update - added alert fixes