INVITE-ONLY SCRIPT

CandelaCharts - Vertex Oscillator

66
๐Ÿ“ 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.

๐Ÿ“ฆ Features
  • Volume-normalized momentum โ€“ integrates price deviations with relative volume weighting.
  • Adaptive volatility scaling โ€“ reduces distortion from sudden spikes and low-volume noise.
  • Z-score normalization โ€“ standardizes readings into intuitive zones.
  • Accumulation & Euphoria detection โ€“ highlights market extremes with color-coded zones.
  • Built-in alerts โ€“ instantly notify traders when critical thresholds are crossed.


โš™๏ธ 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 (โ‰ค -2) and euphoria (โ‰ฅ +2).
  • Line: Choose oscillator line width and color.


โšก๏ธ Showcase

โ‰ค -2 (Green Zone)
Market undervaluation / accumulation opportunities.
syot kilat
โ‰ฅ +2 (Red Zone)
Market euphoria / overheated conditions.
syot kilat
0 (Neutral Line)
Balanced state.
syot kilat
Divergences
syot kilat

๐Ÿ“’ 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 โ€“ When the oscillator drops below -2, markets may be undervalued.
  • Spot Euphoria โ€“ When the oscillator rises above +2, markets may be overheated.
  • Neutral Zone โ€“ Around 0, conditions are balanced with no strong bias.
  • Best Practice โ€“ Use alongside trend, support/resistance, or volume tools to confirm signals.


๐Ÿšจ 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 โ€“ triggers when the oscillator crosses below -2, signaling undervaluation.
  • Euphoria Triggered โ€“ triggers when the oscillator crosses above +2, signaling overheated conditions.


โš ๏ธ 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.

By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.

We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.

By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.

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.