SD-Range Oscillator | QuantEdgeB

SD-Range Oscillator | QuantEdgeB

🔍 Overview
SD-Range Oscillator | QuantEdgeB (SDRO) is a normalized momentum oscillator that compresses a low-lag trend core into a 0–100 style range using standard-deviation (SD) bands. It builds a smooth baseline from a fast triple-smoothed average, wraps it with ±2×SD volatility bounds, then normalizes the core value inside that envelope. Clear Long/Short regimes trigger when the normalized value crosses user-defined thresholds, with optional labels, regime-colored candles, and intuitive filled zones.

✨ Key Features
1.⚡ Low-Lag Core (Triple-Smooth Engine)
- Uses a fast, low-lag triple-smoothed average as the oscillator’s primary signal input.
- Helps keep momentum readings responsive while filtering noise.
2. 📏 SD Volatility Envelope (±2×SD)
- Builds a volatility channel around a smoothed baseline using standard deviation.
- Automatically adapts to changing market turbulence.
3. 🧮 Normalized Range Output
- Converts the core signal into a normalized value by mapping it between the upper/lower SD bounds.
- Makes readings consistent across assets and timeframes.
4. 🎯 Threshold-Based Regimes
- Long when the normalized value exceeds the Long threshold.
- Short when it falls below the Short threshold.
- Includes an additional safety filter to reduce “forced” longs when price is already extended near the upper envelope.
5. 🎨 Visual Clarity & Zones
- Regime-colored oscillator line and candles.
- Filled SD bands around the baseline for quick volatility context.
- Optional highlight fills between the oscillator and thresholds to show active long/short phases.
- Extra OB/OS background zones for quick overextension awareness.
6. 🔔 Signals & Alerts
- Optional “Long/Short” labels on confirmed regime flips.
- Alert conditions fire on long/short regime crossovers.

💼 Use Cases
• Momentum Confirmation: Validate breakouts by requiring SDRO to hold above the Long threshold.
• Mean-Reversion Awareness: Watch for extreme normalized readings near upper/lower bounds.
• Regime Filtering: Use SDRO state (Long/Short/Neutral) to filter trades from other systems.
• Cross-Market Comparison: Normalization makes it easier to compare momentum across different tickers.

🎯 For Who
• Trend traders who want a clean momentum filter with adaptive volatility context.
• System builders needing a simple regime variable (1 / -1 / neutral) to gate entries.
• Discretionary traders who like visual confirmation (fills, candle coloring, threshold zones).
• Multi-asset traders who benefit from normalized, comparable oscillator readings.

⚙️ Default Settings
• TEMA Period: 7
• Base Length (SMMA): 25
• Long Threshold: 55
• Short Threshold: 45
• SD Multiplier: 2× (fixed in code)
• Color Mode: Alpha
• Color Transparency: 60
• Labels: Off by default

📌 Conclusion
SD-Range Oscillator | QuantEdgeB blends a low-lag triple-smoothed core with an adaptive SD envelope to produce a normalized, easy-to-read momentum signal. With clear threshold regimes, volatility-aware context, and strong visuals (fills + candle coloring), SDRO helps separate meaningful momentum shifts from noise across any asset or timeframe.

🔹 Disclaimer: Past performance is not indicative of future results. Always backtest and align settings with your risk tolerance and objectives before live trading.
🔹 Strategic Advice: Always backtest, optimize, and align parameters with your trading objectives and risk tolerance before live trading.