OPEN-SOURCE SCRIPT
Updated iFCPO HyperPalm
iFCPO HyperPalm Oscillator — adaptive oscillator scaled to PM session length.
Normalizes price (HLC3) into a -100 to +100 oscillator over a configurable lookback (default 24 = full PM session). Smoothed via EMA. Cross above OB (70) or below OS (-70) marked with arrows.
Palm-tuned defaults: 24-period (PM session), +/-70 thresholds. Useful as overbought/oversold reading specifically calibrated to FCPO PM range.
MEMBER tier indicator from iFCPO — Malaysia palm-oil futures trading platform.
Normalizes price (HLC3) into a -100 to +100 oscillator over a configurable lookback (default 24 = full PM session). Smoothed via EMA. Cross above OB (70) or below OS (-70) marked with arrows.
Palm-tuned defaults: 24-period (PM session), +/-70 thresholds. Useful as overbought/oversold reading specifically calibrated to FCPO PM range.
MEMBER tier indicator from iFCPO — Malaysia palm-oil futures trading platform.
Release Notes
v2 update: corrected period default to 42 (PM session 14:30-18:00 = 42 M5 bars; was 24). Added W229 PM-quality gate (14:30-16:30) and W250 No-Tuesday gate on cross-arrows so OB/OS triangles only fire when the FCPO research-validated edge zone is open.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.