A parameter-free self-adjusting wave oscillator. The presentation is slightly unusual (both red and green parts are on the same side), but this makes buy/sell waves more easily visible. It is best used when one side of the market becomes weaker than the other and then ride the market waves in one direction until the bull/bear force evens out again. This indicator enables easy visual comparison between buy and sell side at at point in time.
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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