OPEN-SOURCE SCRIPT
K-JohnWick : Oscillator Plus (with BB)
Exclusive Advantages of K-JohnWick: Osc+ BB
1. The Power of Convergence: Volatility Bands Matched with Low-Lag Oscillator
Unlike standalone indicators that only show overbought or oversold levels, this advanced oscillator is dynamically integrated with volatility bands. It continuously calculates real-time price expansion and contraction inside the oscillator matrix.
The Advantage: It gives you an absolute edge in identifying mathematical exhaustion points (the exact macro tops and bottoms), preventing you from entering a trade too early or too late.
2. High-Probability Twin-Engine Entry Strategy (The Perfect Combo)
The true magic happens when you combine this oscillator with the K-Johnwick Triple Sniper on your main chart. It creates an institutional-grade, high-probability confirmation system.
🚀 Perfect Long (Buy) Entry Setup:
The Triple Sniper confirms a dominant bullish trend (the main chart transitions to a blue background).
You wait for a temporary price correction where the oscillator line turns Red (indicating a short-term pullback).
The moment the red oscillator line touches or pierces the lower volatility band, it signals an extreme discount zone. This is your high-conviction, low-risk Long entry trigger.
📉 Perfect Short (Sell) Entry Setup:
The Triple Sniper confirms a dominant bearish trend (the main chart transitions to a red background).
You wait for a temporary upward bounce where the oscillator line turns Green.
The moment the green oscillator line touches or breaks above the upper volatility band, it signals an overextended rip. This is your definitive Short entry trigger to ride the macro wave down.
1. The Power of Convergence: Volatility Bands Matched with Low-Lag Oscillator
Unlike standalone indicators that only show overbought or oversold levels, this advanced oscillator is dynamically integrated with volatility bands. It continuously calculates real-time price expansion and contraction inside the oscillator matrix.
The Advantage: It gives you an absolute edge in identifying mathematical exhaustion points (the exact macro tops and bottoms), preventing you from entering a trade too early or too late.
2. High-Probability Twin-Engine Entry Strategy (The Perfect Combo)
The true magic happens when you combine this oscillator with the K-Johnwick Triple Sniper on your main chart. It creates an institutional-grade, high-probability confirmation system.
🚀 Perfect Long (Buy) Entry Setup:
The Triple Sniper confirms a dominant bullish trend (the main chart transitions to a blue background).
You wait for a temporary price correction where the oscillator line turns Red (indicating a short-term pullback).
The moment the red oscillator line touches or pierces the lower volatility band, it signals an extreme discount zone. This is your high-conviction, low-risk Long entry trigger.
📉 Perfect Short (Sell) Entry Setup:
The Triple Sniper confirms a dominant bearish trend (the main chart transitions to a red background).
You wait for a temporary upward bounce where the oscillator line turns Green.
The moment the green oscillator line touches or breaks above the upper volatility band, it signals an overextended rip. This is your definitive Short entry trigger to ride the macro wave down.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.