cns

High & Low Oscillator 13x8 Cross

Oscillator for various uses, divergence versus price action and "0" crossing of trend/move change among others. Use with caution
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study(title="High & Low Oscillator 13x8 Cross", shorttitle="HALO Cross")
src = close, len = input(13, minval=2, title="Length")
top = (highest(src,len)) //df
bottom = (lowest(src,len))
range=(top-bottom)
HALO=((close-top)+(close-bottom))/range
plot(ema(HALO,13), color=red)
plot(ema(HALO,8), color=blue)
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