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Fusion Oscillator (COMBINED RSI+MFI+MACD+CCI+TSI+RVI)

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The Fusion Oscillator aggregates several extremely-similar directional oscillators (RSI, MFI, MACD, CCI, TSI, RVI) into one average to visualize indicator agreement. To do this, I normalized several oscillators between [-1,1] to ensure equal weight.

The white line is the directional oscillator. The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator.

The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate.

I hope you all find this useful!
Nota Keluaran
Added ema into settings
Nota Keluaran
Ease-of-use updates and I added alert conditions, for anybody interested in creating webhooks/automating it, or just for general alerts!
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Removed wavetrend input; didn't improve the indicator, made it slower. Feel free to browse earlier versions for the calculation.
Nota Keluaran
Updated the chart to use standard candles

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.