OPEN-SOURCE SCRIPT

AlphaFlow: Oscillator Panel

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AlphaFlow: Oscillator Panel

The AlphaFlow: Oscillator Panel indicator is a versatile multi-tool designed to provide a comprehensive view of momentum, volatility, and trend strength across different timeframes. This script combines several popular technical analysis tools into a single dashboard for faster decision-making.

Key Features:
WaveTrend Oscillator (WT1 and WT2): Tracks price momentum to help identify potential reversals or trend continuations.
RSI and BBWP: Measures relative strength and volatility compression/expansion.
VWAP-MACD and OBV: Includes volume-based momentum insights and higher timeframe confirmations.
Multi-Timeframe Confluence: Highlights if various oscillators align across multiple timeframes.
Dynamic Table: A dashboard that updates in real time, providing numeric values and playful narratives for easier reading.

Configurable Text Size
: Customize the table’s text size for better visibility.
Anchor, Trigger, Snake Eye Labels: These markers appear when WT1 crosses significant thresholds:
Anchor (A): Marks a potential base or bottoming signal.
Trigger (T): Confirms a potential momentum reversal.
Snake Eyes: Indicates particularly strong or rare reversal conditions.

How to Use:

Load the indicator on your chart.
Adjust input parameters like RSI length, BBWP length, CMF length, and others to suit your market and timeframe.
Use the Decision Table: It updates automatically on the latest bar to show oscillator readings, trend state, and multi-timeframe confluence.
Monitor for alignment: Bullish or bearish signals are highlighted when all components agree.
Look for Anchor, Trigger, Snake Eye labels: These help identify key turning points.
Combine with your trading strategy: This indicator is a decision-support tool and should be used with other forms of analysis and risk management.

Important:
This script does not provide financial advice. It’s a technical analysis tool designed to aid traders in decision-making and should be used at your own risk.

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