brobear

Scribble

A centered oscillator based on the Tertiary Oscillator Cloud (TOC) indicator.

Tertiary change logic allows disparate amplitude signals to be compared and combined in a single indicator. Four individual oscillator signals are combined into a fifth "Total" oscillation signal: the consensus oscillation.

See the comments at the beginning of the script for a complete description.
Open-source script

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.

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