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Andean Pulse Oscillator [APO]
Andean Pulse Oscillator (APO)
The Andean Pulse Oscillator (APO) is a momentum-based technical indicator designed to detect early shifts in bullish and bearish pressure using adaptive exponential envelopes. Inspired by the original Andean Oscillator concept, this upgraded version maintains the spirit of the tool while improving clarity, responsiveness, and usability.
🧠 Key Features:
Two core components:
🔹 Bullish Component (green) – Measures strength of downward volatility (bullish momentum).
🔻 Bearish Component (red) – Measures strength of upward volatility (bearish momentum).
A Signal Line (orange) smooths the dominant component to help filter out noise.
Background shading provides at-a-glance trend bias: green for bullish dominance, red for bearish.
Optional Buy/Sell Signal Arrows when bullish and bearish lines cross.
⚙️ Inputs:
Length – Controls smoothing sensitivity of the envelope-based momentum calculation.
Signal Length – Controls smoothing of the dominant component (signal line).
Show Buy/Sell Signals – Toggle crossover arrows on or off.
🔍 Usage Tips:
Look for bullish crossovers (green crosses above red) below the zero-line during corrections for potential long setups.
Look for bearish crossunders (red crosses above green) near tops for potential short setups.
Can be combined with price structure, trend filters, or divergence analysis for added confirmation.
👨🎨 Credit:
Originally conceptualized by andean, the APO version enhances it with modern visuals, cleaner signals, and modular structure — a tribute to a powerful and underutilized oscillator.
The Andean Pulse Oscillator (APO) is a momentum-based technical indicator designed to detect early shifts in bullish and bearish pressure using adaptive exponential envelopes. Inspired by the original Andean Oscillator concept, this upgraded version maintains the spirit of the tool while improving clarity, responsiveness, and usability.
🧠 Key Features:
Two core components:
🔹 Bullish Component (green) – Measures strength of downward volatility (bullish momentum).
🔻 Bearish Component (red) – Measures strength of upward volatility (bearish momentum).
A Signal Line (orange) smooths the dominant component to help filter out noise.
Background shading provides at-a-glance trend bias: green for bullish dominance, red for bearish.
Optional Buy/Sell Signal Arrows when bullish and bearish lines cross.
⚙️ Inputs:
Length – Controls smoothing sensitivity of the envelope-based momentum calculation.
Signal Length – Controls smoothing of the dominant component (signal line).
Show Buy/Sell Signals – Toggle crossover arrows on or off.
🔍 Usage Tips:
Look for bullish crossovers (green crosses above red) below the zero-line during corrections for potential long setups.
Look for bearish crossunders (red crosses above green) near tops for potential short setups.
Can be combined with price structure, trend filters, or divergence analysis for added confirmation.
👨🎨 Credit:
Originally conceptualized by andean, the APO version enhances it with modern visuals, cleaner signals, and modular structure — a tribute to a powerful and underutilized oscillator.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。