The strategy is a take on traditional volume oscillator.
In Layman terms: The script places an order when the oscillator crosses the zero mark in the volume oscillator.
If the previous high is greater than the absolute value of previous low then a long order is placed And if the absolute previous low is greater than the previous high then a shrt order is placed.
Last script (bandwidth focus on other monetary works. If you have any opportunities ping me)
Message if you think of any modifications/ enhancements/ any opportunities. :)
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 publications is governed by House rules. Você pode favoritá-lo para usá-lo em um gráfico.
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