GlowNode

Glow Node Pullback OSC

GlowNode Updated   
Our Pullback Oscillator is based on the Stochastic Oscillator with a Twist.
This Oscillator Must be used with our Premium Glow Node Indicator to enable the extra features this Oscillator Provides

This Oscillator when linked with our indicator provides you with extra confirmations whether a trade can safely be taken on a pullback during a up or down trend.
It pulls in the trend data which has been analysed by glow node to provide you extra confirmation's and helps to filter out some bad signals while the market is in Consolidation / Ranging market.

This can be used for:
. Scalping (On Lower Timeframes)
. Long-term Trend Pullbacks

How to use:
. Open two Indicators on to your chart
. Change Source on the Oscillator to Glow-Node Trend Value
(You should notice the colours fill between the lines.)
. Display the Info box
. To use as an extra confirmation the information box will advise you whether it thinks the trade is safe to be taken and in which direction.
Release Notes:
Add Higher Time Frame Support
Release Notes:
Up dating colour
Removed Source for trend,
Added higher time frame oscillator support
Release Notes:
V1.1
Overlay higher timeframe instead of seperate.
Release Notes:
Version 1.1
Set Custom Timeframes now for unsupported timeframes
Release Notes:
Fixed - Faulty Safety Rating ( Sams Live picked it up)
Protected script
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.
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.

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