Based on source
https://www.prorealcode.com/prorealtime ... scillator/
An improvement of the Momentum Oscillator – Published on IFTA Journal 2018 by Mohamed Fawzy (pages 28-53)
OverBought > 10
OverSold <-10
UpTrend > 0
DownTrend <0
SHORT - OB area CrossUnder
Long - OS area CrossOver
Divergences can be used.
Range ADX < 25
M-Oscillator.lua- (9.22 KiB) Downloaded 82 times
