OPEN-SOURCE SCRIPT
Miggy Oscillator — NeoWave v7.2 + Fib + TP
🌀 Miggy Oscillator — NeoWave v7.2 + Fibonacci + TP
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.