PROTECTED SOURCE SCRIPT

Gamma Conviction Oscillator - LITE

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Gamma Conviction Oscillator (GCO LITE) – Free Version

A volume-weighted momentum oscillator designed for gamma-heavy instruments (SPY, TSLA, NVDA, MSTR, COIN, HOOD, etc.), offering a clean, educational tool for market analysis.

Core Features (LITE Version):
• Dynamic length with volatility-adjusted overbought/oversold bands
• Real-time 200-period trend filter (SMA/EMA/HMA selectable)
• Conviction-based coloring system:
– Bright Lime → high-conviction oversold (price > 200MA)
– Bright Red → high-conviction overbought (price < 200MA)
– Teal / Maroon → low-conviction extremes (counter-trend)

LITE Version Limitations:
• Oscillator panel only
• No divergence detection
• No multi-ticker gamma table

PRO Version (coming soon):
• Divergence detection
• Tighter thresholds for signals
• Built-in multi-ticker gamma table

Important Notice:
This script is for educational and informational purposes only. Not trading or financial advice. Use at your own risk. No repainting. Pure Pine v6.

Enjoy analyzing gamma flows responsibly.
© GammaBulldog – Nov 2025

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