OPEN-SOURCE SCRIPT
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Revolver Oscillator Strategy 1.2 (RSI+UO+MFI)

ROS (Revolver Oscillator Strategy)
Version 1.2

Description
This script combines three popular oscillators (RSI, Ultimate Oscillator and MFI) to accurately determine the price momentum of an asset.

Context
- RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements over a period of time (14).
- Ultimate Oscillator uses three different periods (7, 14, and 28) to represent short, medium, and long-term market trends.
- Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out over a period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers price

How does it work?
When a RED bar appears, it means that the three oscillators have exceeded the set thresholds, and it is a SELL signal.
When a GREEN bar appears, it means that the three oscillators are below the set thresholds, and it is a BUY signal.

I recommend leaving the default settings.
Catatan Rilis
Fixed some bugs
Catatan Rilis
New color codes
RSI: purple line
Ultimate Oscillator: red line
Money Flow Index: green line
Catatan Rilis
Added a swith to deactivate MFI in the strategy calculation.
Catatan Rilis
Added a swith to deactivate ULT in the strategy calculation.
Catatan Rilis
Improvements in the UI.
Catatan Rilis
Improvements in the UI.
Catatan Rilis
Various improvements in the interface
Catatan Rilis
Updated oscillator algoritm
Catatan Rilis
General Update
Added QQE oscillator
Catatan Rilis
Added green/red dots to indicate extreme areas
Added median wave (thanks to Fab_Coin_ )

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