OPEN-SOURCE SCRIPT
DTOsc Dual time Frame V2
Actualization of previous V1 (Read Description of version 1)
The green zones are improved because is no needed that higher time Frame Osc makes a bullish Cross (or bearish). Its only needed
that comes to OS zone (or OB)
Besides the green zones are also improved becouse of crosses on OB zones of lower time frame (for bullish) are discarded.
Remember that this oscillator is used as a filter. Pattern, price, time are needed to take a trade with higher probability.
Remember also that the Gray shaded is the oscillator one time frame higher and Switched automatically with TF!!
Comments are welcomed!!
The green zones are improved because is no needed that higher time Frame Osc makes a bullish Cross (or bearish). Its only needed
that comes to OS zone (or OB)
Besides the green zones are also improved becouse of crosses on OB zones of lower time frame (for bullish) are discarded.
Remember that this oscillator is used as a filter. Pattern, price, time are needed to take a trade with higher probability.
Remember also that the Gray shaded is the oscillator one time frame higher and Switched automatically with TF!!
Comments are welcomed!!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.