INVITE-ONLY SCRIPT
Updated

Volume Zone Oscillator

Oscillator is build on Walid Khalil's and David Steckler's concept for leading volume oscillator

All indicators core's dynamics is fully explained it two articles bellow , written by concepts fathers

Stocks & Commodities V. 29:5 (16-23, 28): In The Volume Zone by Walid Khalil and David Steckler

edmond.mires.co/GES816/14-In%20The%20Volume%20Zone.pdf

2008-IFTA journal-Volume Zone Oscillator (VZO) ~by Waleed Aly Khalil

capitalsynergy.com/resources/IFTA09VZO.pdf

//
  • Extreme conditions are visually intuitive
  • Momentum shift alerts
  • Candle printer for H/R Divergence pockets and confirmed divergences
  • Ehlers white noise indicator "branch" have wonderful confluences with VZO so its included as optional feature, its toggle button and settings are market with ⚠️to remind that its still heavily experimental
  • Every visual object group in script can be turned off separately from each other for customization freedom


V0.5
Release Notes
Cosmetic change
Release Notes
Minor fixes
Release Notes
Forgot something

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.