Crodl's Oscillator
Crodl's Oscillator is using a Moving Average known as RMA similar to the ones used in an Rsi and it is plotting it based as waves.
On the oscillator there are 2 dotted lines
15 - Bullish
-15 - bearish
As you can see the trend moving upwards and breaking the 15 this indicates that the market is strong and we could see the market continuing upwards
the opposite will be if the market breaks the -15 dotted line.
it can also be seen if the waves are breaking the -15 to the upside that price might be making a reversal as well if the wave is breaking the 15 from the top to the bottom this can be seen as the market losing momentum and price is now going down.
This indicator as a Direction Lenght input which will change the value of the MA and this will change the waves to either be slower or more volatile.
you can also set this indicator to pull data from different time frames meaning if you are trading on the 5 min chart and you want to see the data for the indicator on the 1 hour chart all you need to do is change the inputs from chart(timeframe) to the 1Hour.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact crodl directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact crodl directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.