OPEN-SOURCE SCRIPT
Oscillator %b
Oscillator %b indicator apply Bollinger Bands on Oscillator Line, and calculate %b to define Buy and Sell signal with detail as below
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1. Oscillator Type and Parameter
1.1 RSI (56) on H1 Timeframe
1.2 Stochastic (56,3,3) on H1 Timeframe
1.3 CCI (56) on H1 Timeframe
1.4 MACD (48,104,9)) on H1 Timeframe
1.5 AO (20,136) on H1 Timeframe
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2. Signal
2.1 Buy Signal: at least 4 periods of %b moving betwween 0.0 and 0.2
2.2 Sell Signal: at least 4 periods of %b moving betwween 0.8 and 1.0
===
1. Oscillator Type and Parameter
1.1 RSI (56) on H1 Timeframe
1.2 Stochastic (56,3,3) on H1 Timeframe
1.3 CCI (56) on H1 Timeframe
1.4 MACD (48,104,9)) on H1 Timeframe
1.5 AO (20,136) on H1 Timeframe
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2. Signal
2.1 Buy Signal: at least 4 periods of %b moving betwween 0.0 and 0.2
2.2 Sell Signal: at least 4 periods of %b moving betwween 0.8 and 1.0
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