sarangab

IO_EMA_Delta_Oscillator

This is a EMA Delta Oscillator: An attempt to show ranging markets based on the slope of the EMA .

Green = Bullish Market
Blue = Ranging Market
Red = Bearish Market

The EMA Slope is normalized to make it work like an oscillator with values between 0 and 1.

Bar colors show the oscillator colors, bar borders show the actual candle colors.

- Invsto
(sarangab)
Release Notes: v1.1 - Minor display setting changes
Release Notes: v1.2 Minor display changes
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