OPEN-SOURCE SCRIPT
Vector Confluence Oscillator
The Vector Confluence Oscillator is a high-precision market terminal designed to identify the exact intersection of Price Deviation and Momentum Exhaustion.
Unlike standard oscillators that only track velocity, the Vector Confluence system maps price action against its statistical mean, allowing traders to see when the market is "stretched" both in terms of value and momentum.
Core Functionality
This indicator operates on two primary data vectors to find high-probability reversal zones:
Vector A: Statistical Price Deviation The background turns Red (Overvalued) or Blue (Undervalued) based on Standard Deviation bands. This highlights when price has moved too far, too fast from its average.
Vector B: Momentum Velocity (RSI) The internal "Momentum Cloud" and dynamic oscillator line track the internal strength of the move. When the cloud flips from Green (Bullish) to Red (Bearish), it signals a shift in the trend's power.
Key Features
Segmented Grid Interface: Sharp vertical dividers separate each deviation bar, allowing you to count the "bars of exhaustion" at a glance.
Dynamic Trend-Line: The oscillator line itself inherits colors from the trend, providing instant visual feedback on momentum direction.
Micro-Peak Dots: Customizable exhaustion dots appear when momentum reaches extreme peaks (Overbought/Oversold), serving as your final confirmation for a reversal.
Fully Customizable Aesthetic: Every color, transparency, and dot size (from "Tiny" to "Big") can be adjusted to fit your specific UI or dark-mode setup.
Unlike standard oscillators that only track velocity, the Vector Confluence system maps price action against its statistical mean, allowing traders to see when the market is "stretched" both in terms of value and momentum.
Core Functionality
This indicator operates on two primary data vectors to find high-probability reversal zones:
Vector A: Statistical Price Deviation The background turns Red (Overvalued) or Blue (Undervalued) based on Standard Deviation bands. This highlights when price has moved too far, too fast from its average.
Vector B: Momentum Velocity (RSI) The internal "Momentum Cloud" and dynamic oscillator line track the internal strength of the move. When the cloud flips from Green (Bullish) to Red (Bearish), it signals a shift in the trend's power.
Key Features
Segmented Grid Interface: Sharp vertical dividers separate each deviation bar, allowing you to count the "bars of exhaustion" at a glance.
Dynamic Trend-Line: The oscillator line itself inherits colors from the trend, providing instant visual feedback on momentum direction.
Micro-Peak Dots: Customizable exhaustion dots appear when momentum reaches extreme peaks (Overbought/Oversold), serving as your final confirmation for a reversal.
Fully Customizable Aesthetic: Every color, transparency, and dot size (from "Tiny" to "Big") can be adjusted to fit your specific UI or dark-mode setup.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.