Multi-Indicator Adaptive Oscillator

It combines three common technical indicators (RSI, Stochastic, and MACD) into a single custom oscillator that helps identify overbought and oversold conditions in a financial market.
The indicator offers customization through various input parameters including length periods, smoothing values, and the ability to adjust weights for each component indicator.

Key features include:

Dynamic overbought/oversold levels that adapt to market conditions
Multiple filters (trend, volume, and divergence) to reduce false signals
Confirmation requirements to ensure signal persistence
Cooldown periods to prevent signal clustering
Visual elements including background shading, crossover dots, and fills between the oscillator and threshold lines


The visualization includes a purple line for the oscillator, red lines for overbought levels, green lines for oversold levels, and appropriate background shading.
Alert conditions are defined for confirmed overbought and oversold conditions, allowing traders to receive notifications when these events occur.

This indicator aims to provide more reliable trading signals by combining multiple technical approaches and adding validation filters to reduce false positives.







"