businessduck

Rainbow Oscillator [Strategy]

Strategy based on Rainbow Oscillator

.:: Features ::.
  • Takes and Stops in percent
  • Configurable indicator iside

.:: Long condition ::.
Indicator line is green (mean uptrend) and crossing averages generated from oscillograph signal fast is go up and crossing slow


.:: Short condition ::.
Indicator line is red (mean downtrend) and crossing averages generated from oscillograph signal fast is go down and crossing slow




Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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