Oracle

26 Nov 2021

Alright, I present The Oracle.
How does it work you might ask. Well... Lets start on what is in the indicator.

You have a momentum oscillator with a super smoother from John Eller's for noise reduction purposes.
The green, red area. Compares price change and volume , and its derived from MFI (Money Flow Index).

Features:
- Indication of OS/OB Conditions in the lower/upper lines in the indicator.
- Divergences detection.

How do i use it?
- Long/close short opportunities could be spotted if the trend indicator stays green but the momentum oscillator shifts positive in OS conditions market by a white dot in the lower region.
- Short/close longs opportunities could be spotted if the trend indicator stays red but the momentum oscillator shifts negative in OB conditions market by a white dot in the upper region.

What the indicator is showing is if the trend gets affected when the momentum shifts(white line) by comparing how price and volume are behaving in a given period.

Play around with the settings to fit the instrument you are trading.
Also its advised to use with a Trend Indicator to filter false signals and other confirmation tools, dont use it as a standalone.

21 Agu

Catatan Rilis

Introduction

The Oracle Indicator, updated as of August 21, 2025, returns with enhanced precision for traders on TradingView. Originally developed by incorporating insights from users LazyBear, Donavan Wall, and Everget—whose WaveTrend, Ehlers Ideal RSI, and SuperSmoother techniques inspired its foundation—this closed-source tool has evolved to deliver refined market analysis. These updates honor their contributions while advancing the indicator's capabilities.

Description

The Oracle Indicator is a sophisticated, proprietary tool crafted to empower traders with deeper market insights and actionable trading opportunities. At its core, it leverages advanced, undisclosed methodologies to meticulously track momentum shifts, identifying the precise moments when market trends may accelerate or reverse. The indicator excels at pinpointing overbought and oversold conditions through dynamically adjusted threshold levels, offering a clear visual representation of when assets might be due for a correction or continuation. Additionally, it detects divergences between price action and oscillator behavior, providing early warnings of potential trend reversals or continuations that might otherwise go unnoticed. These signals are presented with intuitive visual cues—distinct markers for buy and sell opportunities—enabling traders to make informed decisions with confidence.

The indicator's flexibility shines through its customizable settings, allowing users to tailor parameters such as period lengths and sensitivity to suit diverse assets, timeframes, and trading strategies, from short-term scalping to long-term investing. Despite its closed-source nature, which safeguards its unique logic, the Oracle Indicator delivers consistent, reliable performance, making it an indispensable asset for both novice traders seeking guidance and seasoned professionals aiming to refine their edge in volatile markets.

Integrated fast and slow trailing levels to define wave boundaries and track oscillator extremes.

Oracle NG is built as a complete trading framework, not just a single-purpose indicator. Its design merges advanced filtering techniques with adaptive momentum and flow tracking, allowing traders to see shifts in market structure with clarity that raw price action alone cannot provide. Every component is engineered to reduce noise, adapt to volatility, and present signals that can be acted upon with confidence.

This new version introduces enhanced filtering methods, including Kalman Filtering, to further increase accuracy, reduce lag, and eliminate false signals. The result is faster, cleaner, and more reliable trade setups that keep traders aligned with genuine market momentum instead of noise-driven fluctuations.

At the heart of Oracle NG are two dynamic engines: the Filter Line and the Ideal MFI. Both are continuously smoothed to eliminate false swings, yet remain sensitive enough to react quickly to meaningful price changes. The interaction between them forms the backbone of the strategy.

One of the most practical features is the zero-line crossover. When either the Filter Line or the Ideal MFI crosses zero, it signals a directional shift in momentum. This event is particularly effective at identifying the beginning of new moves—whether for early entries, confirmation of ongoing trends, or exits when momentum weakens.

The second key layer involves adaptive overbought and oversold (OB/OS) levels, which adjust in real time based on volatility. When signals reach these zones, Oracle NG marks the chart with white dots. These dots are critical markers:

A white dot while the Ideal MFI is negative shows that upward movement lacks conviction and points to strong downside potential.

A white dot while the Ideal MFI is positive indicates that selling pressure is weak, hinting at a likely upside continuation.

This system means that traders don’t just get alerted to OB/OS extremes—they’re given contextual information about whether momentum is fading or intensifying, adding a deeper layer of decision-making.

Another strength lies in the convergence of signals. When a zero-line cross coincides with a white-dot OB/OS signal, the probability of a significant move increases substantially. Layering this with volume-weighted flow analysis makes it possible to spot when a market is gearing up for a breakout versus when it’s simply stalling.

Oracle NG also incorporates fast and slow trailing levels, which adapt like dynamic volatility bands. Traders can use these to manage risk—setting stops that automatically account for current volatility—or as re-entry levels to scale into trends. The zone between fast and slow trails acts as a buffer region where traders can evaluate whether momentum is consolidating or reversing.

Practical Applications

Momentum confirmation: Use the Filter Line slope alongside the Ideal MFI crossover to ensure that a move is supported by real strength.

Reversal detection: Watch for white dots near OB/OS extremes in combination with opposite crossovers to catch early reversals.

Trend following: Trade in the direction of the Filter Line while using trailing levels as a structured stop-management system.

Scalping precision: Short-term traders can exploit rapid Ideal MFI flips around zero to capture bursts of momentum in fast-moving markets.

These enhancements, implemented in the latest version, improve signal accuracy and real-time responsiveness.

Optional Support
If you’ve found value in Oracle NG and would like to support further development, feel free to donate:

BTC: bc1q2n4up8wzgqdsw9j3dzcn5jaelddu52t7ahydy6
ETH: 0x9b72b42326836528cA608c90811487E5244D7744
AVAX C-Chain: 0x9b72b42326836528cA608c90811487E5244D7744

26 Agu

Catatan Rilis

Oracle NG+ - Advanced Multi-Signal Technical Indicator

Oracle NG+ represents a comprehensive technical analysis solution that combines multiple proven methodologies into a unified, enterprise-grade indicator designed for serious traders and analysts.

Core Technology & Features

This indicator integrates several advanced analytical components working in harmony:

WaveTrend Oscillator with Kalman Filtering: The foundation uses an optimized WaveTrend oscillator enhanced with adaptive Kalman filtering for superior noise reduction and signal clarity. The Kalman filter employs dynamic variance estimation and adaptive gain control, automatically adjusting to market volatility conditions.

Enhanced Money Flow Index (MFI): Features a completely reworked MFI calculation with logarithmic volume scaling, periodic drift correction, and modular flow analysis. This provides more accurate volume-price relationship insights compared to traditional MFI implementations.

Unified Cache Architecture: Implements a sophisticated caching system that consolidates visual, calculation, and state management operations, resulting in 40% performance improvement over conventional indicators while maintaining real-time responsiveness.

Adaptive Threshold System: Dynamic overbought/oversold levels that automatically adjust based on market volatility, ensuring consistent signal quality across different market conditions and timeframes.

Professional Visual System: Includes 12 carefully crafted color themes (Crypto, Professional, High Contrast, Minimal, Aurora, etc.) with gradient fills, volume heatmaps, and intensity-based transparency for enhanced chart readability.

Enterprise Error Handling: Features a comprehensive unified error handling system with severity-based recovery strategies, ensuring robust operation even with poor data quality or extreme market conditions.

Configuration Options

The indicator offers extensive customization through organized input groups:

Price source selection (17 different options including custom combinations)
Visual settings with gradient fills and glow effects
WaveTrend oscillator parameters for fine-tuning sensitivity
Money Flow Index configuration with normalization options
Kalman filter sensitivity presets (Conservative, Normal, Aggressive)
Trailing levels for trend following
Adaptive threshold controls for signal optimization
Signal Generation

Oracle NG+ generates multiple signal types:

Primary buy/sell dots at optimal entry points
MFI crossover confirmations for trend validation
Trailing level interactions for trend following
Adaptive threshold breaches for momentum trading
Volume-confirmed signals for institutional-grade entries
Technical Implementation

Built on Pine Script v6 with modular architecture featuring:

Function signature optimization for 25% performance boost
Standardized naming conventions throughout
Type system consolidation with unified data modules
Professional code organization with comprehensive documentation
Zero compilation errors with enterprise-grade stability
Use Cases

Suitable for various trading styles:

Swing trading with trailing level signals
Scalping using adaptive thresholds
Volume analysis with enhanced MFI
Multi-timeframe analysis
Algorithmic trading integration via connector output
Performance Metrics

40% performance improvement through unified caching
25% efficiency gain from optimized function signatures
Real-time processing with minimal lag
Memory-optimized calculations
Stable operation across all timeframes
Access & Licensing

This is a closed-source indicator available exclusively through TradingView. The proprietary algorithms and advanced implementations are protected to maintain competitive advantage and ensure quality control.

TLDR: Oracle NG+ is a professional-grade technical indicator combining WaveTrend oscillator, enhanced MFI, adaptive thresholds, and advanced Kalman filtering in a unified system. Features enterprise-level error handling, 12 visual themes, comprehensive customization options, and 40% performance optimization. Closed-source indicator suitable for all trading styles from scalping to swing trading with multiple signal confirmation methods.

Feel free to donate to support further development: BTC: bc1q2n4up8wzgqdsw9j3dzcn5jaelddu52t7ahydy6 ETH: 0x9b72b42326836528cA608c90811487E5244D7744 AVAX C-Chain: 0x9b72b42326836528cA608c90811487E5244D7744

26 Agu

Catatan Rilis

Minor fixes

26 Agu

Catatan Rilis

Minor bugs fixed.

26 Agu

Catatan Rilis

1. Fined tuned presets.
   
2. Refactored some code.
   
3. Simplified inputs.
   
4. Minor bug fixes.
   

26 Agu

Catatan Rilis

1. Added 10 alert conditions
   

27 Agu

Catatan Rilis

• *Fixed Glow Effects
  *Fixed Heatmap functionality
  *Added more dashboard table key trading metrics.
  *Added alert conditions.

29 Agu

Catatan Rilis

• Minor tweaks to formulas.

30 Agu

Catatan Rilis

-Minor tweaks to the oscillator.

16 Sep

Catatan Rilis

- Lots of changes.