OPEN-SOURCE SCRIPT

Oscillator2Overlay

1 179
This experimental study "normalizes" a series into a consistent range such that it can be "overlayed" against an oscillator that's typically plotted independently.
It then "denormalizes" the oscillator's signal into the series' original domain, such that important thresholds can _also_ be denormalized into the series' original domain.

The normalization/denormalization performed using a long-window bollinger band to define a domain for mapping between-chart space and oscillator-space.

This example maps "rsi" into the chart-domain.

(!!) Inspired by
RSI Support & Resistance by DGT

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