πŸ”’Oscillator Types

Select your preferred oscillator from the Oscillator Type dropdown in settings.

MACD (Default)

The MACD histogram measures the difference between the MACD line and its signal line. It's ideal for identifying trend-following momentum shifts.

  • Positive histogram β†’ Bullish momentum

  • Negative histogram β†’ Bearish momentum

  • Zero-line crossovers β†’ Potential trend changes

RSI

The RSI oscillator is displayed centered around the 50 line, with reference zones at 30 (oversold) and 70 (overbought). When RSI is selected, the indicator automatically draws these reference levels with a shaded zone between them.

  • Above 70 β†’ Overbought (highlighted in bearish color)

  • Below 30 β†’ Oversold (highlighted in bullish color)

  • Between 30–70 β†’ Neutral zone (displayed in neutral color)

Awesome Oscillator

The Awesome Oscillator measures market momentum using the difference between short- and long-term moving averages of the median price. It excels at catching momentum shifts based on price action.

  • Positive values β†’ Bullish momentum

  • Negative values β†’ Bearish momentum

  • Zero-line crossovers β†’ Momentum direction change

CVD Oscillator

The Cumulative Volume Delta Oscillator measures the difference between fast and slow moving averages of volume delta (buying vs. selling pressure). It's useful for confirming whether volume supports the current trend.

  • Positive values β†’ Buying pressure dominates

  • Negative values β†’ Selling pressure dominates

  • Zero-line crossovers β†’ Shift in dominant volume pressure

Display Styles

Choose how the oscillator is visually rendered from the Display Style dropdown:

Style
Description

Columns

Classic histogram bars (default). Great for quickly seeing momentum direction and strength.

Line

Continuous line plot. Useful for spotting trends and crossovers more smoothly.

Area

Filled area chart. Provides a cleaner visual of the oscillator's magnitude over time.


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