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 abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.