One-Sided Gaussian Support & Resistance Rate [Loxx]

One-Sided Gaussian Support & Resistance Rate is a mean reversion oscillator much like Fisher Transform. This indicator is built using a one-sided Gaussian filter. If you pair this with Fisher Transform and line up the settings, you'll notice similar outcomes. You'll notice that as the oscillator levels out at around zero or one that this signifies a zone of resistance or support. See here for more details on calculating the OS Gaussian Filter:

Included:

• Bar coloring
  
• Signals
  
• Alerts
  
• Ehlers 2-Pole Super Smoothing for smoothing source inputs
  

הערות שחרור:

Unrestricted levels ingest.