Oscillator plots the percentage difference between the closing price and
the n-period forecasted price. The oscillator is above
zero when the forecast price is greater than the closing price and less
than zero if it is below.
You can change long to short in the Input Settings
- For purpose educate only
- This script to change bars colors.
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.
USDT (TRC20): TH29EEXa19vfwZNYvxdUuMxoFY5QDYLcWG