OPEN-SOURCE SCRIPT

Midpoint Oscillator

Updated
The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red.

Let me know if you would like me to write more scripts!
Release Notes
updated to match my other indicators
Release Notes
fixed issue with default resolution
Centered OscillatorschandechandeoscillatorchandesmidpointoscOscillatorstrendTrend Analysistrendtrading

Open-source script

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 publication is governed by House rules. You can favorite it to use it on a chart.

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