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Miggy Oscillator — NeoWave v7.4.3 Adaptive Pro
Miggy Oscillator — NeoWave v7.4.3 Adaptive Pro
Miggy Oscillator — NeoWave v7.4.3 Adaptive Pro is an adaptive market oscillator built to identify trend reversals, momentum exhaustion, and liquidity pivot zones across multiple timeframes.
It combines NeoWave-style wave phase detection, volatility-adjusted threshold bands, and contextual divergence logic to deliver reliable reversal signals for Scalp, Intraday, and Swing trading.
Key Concepts
This script introduces a custom wave-phase engine that estimates the current stage of market structure rather than simply combining existing indicators.
It uses asymmetric momentum smoothing and ATR-based volatility scaling to adapt naturally between calm and high-volatility environments.
Divergences are context-aware: they only trigger when both momentum inflection and wave-phase confirmation align, minimizing false signals common to classic RSI or MACD tools.
How It Works
Wave Phase Detection
Calculates the relative position of price within impulsive or corrective phases based on momentum deviation from a dynamic baseline.
Adaptive Threshold Bands
Expands or contracts automatically with real-time volatility to keep sensitivity consistent across different market regimes.
Divergence and Exhaustion Logic
Bullish divergence: price forms a lower low while the oscillator forms a higher low during a corrective phase.
Bearish divergence: price forms a higher high while the oscillator forms a lower high during an impulsive phase.
Exhaustion tags appear when the oscillator pierces an adaptive band and momentum slope weakens.
Mode System
Scalp Mode: high sensitivity, short reaction window.
Intraday Mode: balanced sensitivity and confirmation.
Swing Mode: slower reaction, wide filters for large-scale moves.
Optional Long-Only Bias
Filters out short setups to focus on bullish structures.
How to Use
Choose the operational mode based on your timeframe.
Monitor interactions between the oscillator and outer bands for possible exhaustion or divergence.
Confirm the signal using structure or candle confirmation.
Manage risk:
Tight stops for Scalp mode (1–5 min).
ATR-based stops for Intraday mode (5–30 min).
Structural stops for Swing mode (1H+).
For better accuracy, combine it with Miggy Wave AI or Miggy Fibonacci Matrix to find confluence zones.
Inputs and Customization
Mode Selector: Scalp / Intraday / Swing
Sensitivity Control
Band Multiplier (threshold width)
Divergence Confirmation Bars
Long-Only Option
Color Presets: Miggy Neon (default), Solana Glow, Arctic Pulse, or custom
Signal Labels On/Off
Alert Language: EN or ES
Alerts
Available alert conditions:
Bullish Reversal Detected
Bearish Reversal Detected
Momentum Exhaustion Near Band
Example alert text:
Miggy Oscillator — Bullish reversal detected (Mode: {mode})
Miggy Oscillator — Bearish reversal detected (Mode: {mode})
Miggy Oscillator — Momentum exhaustion near {upper/lower} band
Best Practices
Always confirm divergence with price structure or higher timeframe context.
Avoid taking counter-trend signals in strong trends without confirmation.
Adjust Band Multiplier or switch mode during extreme volatility.
Works on Crypto, Forex, Stocks, Indices, and Commodities.
Limitations
This is not an automated trading system.
It is a technical analysis tool intended to help visualize momentum imbalances and potential reversals.
Performance depends on market conditions and trader confirmation.
Versioning and License
Uses TradingView’s Update feature for improvements (no separate minor releases).
Any future legacy fork will be explained clearly in the description.
License: MIT (open source).
Developed by Miggy.io / Mr. Migraine — 2025.
Publication Compliance
English-only title and description.
No emojis or special characters.
Original adaptive algorithm with detailed explanation.
Clear usage instructions.
Suitable for a clean chart publication preview.
Miggy Oscillator — NeoWave v7.4.3 Adaptive Pro is an adaptive market oscillator built to identify trend reversals, momentum exhaustion, and liquidity pivot zones across multiple timeframes.
It combines NeoWave-style wave phase detection, volatility-adjusted threshold bands, and contextual divergence logic to deliver reliable reversal signals for Scalp, Intraday, and Swing trading.
Key Concepts
This script introduces a custom wave-phase engine that estimates the current stage of market structure rather than simply combining existing indicators.
It uses asymmetric momentum smoothing and ATR-based volatility scaling to adapt naturally between calm and high-volatility environments.
Divergences are context-aware: they only trigger when both momentum inflection and wave-phase confirmation align, minimizing false signals common to classic RSI or MACD tools.
How It Works
Wave Phase Detection
Calculates the relative position of price within impulsive or corrective phases based on momentum deviation from a dynamic baseline.
Adaptive Threshold Bands
Expands or contracts automatically with real-time volatility to keep sensitivity consistent across different market regimes.
Divergence and Exhaustion Logic
Bullish divergence: price forms a lower low while the oscillator forms a higher low during a corrective phase.
Bearish divergence: price forms a higher high while the oscillator forms a lower high during an impulsive phase.
Exhaustion tags appear when the oscillator pierces an adaptive band and momentum slope weakens.
Mode System
Scalp Mode: high sensitivity, short reaction window.
Intraday Mode: balanced sensitivity and confirmation.
Swing Mode: slower reaction, wide filters for large-scale moves.
Optional Long-Only Bias
Filters out short setups to focus on bullish structures.
How to Use
Choose the operational mode based on your timeframe.
Monitor interactions between the oscillator and outer bands for possible exhaustion or divergence.
Confirm the signal using structure or candle confirmation.
Manage risk:
Tight stops for Scalp mode (1–5 min).
ATR-based stops for Intraday mode (5–30 min).
Structural stops for Swing mode (1H+).
For better accuracy, combine it with Miggy Wave AI or Miggy Fibonacci Matrix to find confluence zones.
Inputs and Customization
Mode Selector: Scalp / Intraday / Swing
Sensitivity Control
Band Multiplier (threshold width)
Divergence Confirmation Bars
Long-Only Option
Color Presets: Miggy Neon (default), Solana Glow, Arctic Pulse, or custom
Signal Labels On/Off
Alert Language: EN or ES
Alerts
Available alert conditions:
Bullish Reversal Detected
Bearish Reversal Detected
Momentum Exhaustion Near Band
Example alert text:
Miggy Oscillator — Bullish reversal detected (Mode: {mode})
Miggy Oscillator — Bearish reversal detected (Mode: {mode})
Miggy Oscillator — Momentum exhaustion near {upper/lower} band
Best Practices
Always confirm divergence with price structure or higher timeframe context.
Avoid taking counter-trend signals in strong trends without confirmation.
Adjust Band Multiplier or switch mode during extreme volatility.
Works on Crypto, Forex, Stocks, Indices, and Commodities.
Limitations
This is not an automated trading system.
It is a technical analysis tool intended to help visualize momentum imbalances and potential reversals.
Performance depends on market conditions and trader confirmation.
Versioning and License
Uses TradingView’s Update feature for improvements (no separate minor releases).
Any future legacy fork will be explained clearly in the description.
License: MIT (open source).
Developed by Miggy.io / Mr. Migraine — 2025.
Publication Compliance
English-only title and description.
No emojis or special characters.
Original adaptive algorithm with detailed explanation.
Clear usage instructions.
Suitable for a clean chart publication preview.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.