CandelaCharts - Vertex Oscillator

📝 Overview

The Vertex Oscillator is a proprietary momentum-based oscillator designed to detect periods of deep undervaluation (accumulation) and excessive euphoria (distribution) in markets.

By combining price deviation, volume normalization, and volatility scaling, the indicator identifies extreme conditions and provides actionable signals for both traders and analysts.

📦 Features

• Volume-normalized momentum – integrates price deviations with relative volume weighting.
  
• Adaptive volatility scaling – reduces distortion from sudden spikes and low-volume noise.
  
• Z-score normalization – standardizes readings into intuitive zones.
  
• Accumulation & Euphoria detection – highlights market extremes with color-coded zones.
  
• Built-in alerts – instantly notify traders when critical thresholds are crossed.
  

⚙️ Settings

• Source: The input price source.
  
• Lookback: Number of bars used for deviation & volatility calculation.
  
• Smoothing: Smoothing length applied to oscillator.
  
• Colors: Customize bullish, bearish, and neutral oscillator line colors.
  
• Zones: Set shading colors for accumulation (≤ -2) and euphoria (≥ +2).
  
• Line: Choose oscillator line width and color.
  

⚡️ Showcase

≤ -2 (Green Zone)
Market undervaluation / accumulation opportunities.

≥ +2 (Red Zone)
Market euphoria / overheated conditions.

0 (Neutral Line)
Balanced state.

Divergences


📒 Usage
The Vertex Oscillator is most effective when interpreted through its key zones, helping traders quickly spot undervaluation, euphoria, or neutral market conditions.

• Identify Accumulation – When the oscillator drops below -2, markets may be undervalued.
  
• Spot Euphoria – When the oscillator rises above +2, markets may be overheated.
  
• Neutral Zone – Around 0, conditions are balanced with no strong bias.
  
• Best Practice – Use alongside trend, support/resistance, or volume tools to confirm signals.
  

🚨 Alerts
The Vertex Oscillator includes built-in alerts to help traders react instantly when the market enters extreme conditions. Instead of constantly monitoring the chart, alerts notify you in real time when accumulation or euphoria thresholds are triggered.

• Deep Accumulation – triggers when the oscillator crosses below -2, signaling undervaluation.
  
• Euphoria Triggered – triggers when the oscillator crosses above +2, signaling overheated conditions.
  

⚠️ Disclaimer

These tools are exclusively available on the TradingView platform.

Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.

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