OPEN-SOURCE SCRIPT
Updated Oz SIGNAL PRO v6

is a powerful 15-minute trend-following indicator tailored for precision trading. It detects Break of Structure (BOS) and CHoCH signals with built-in volume confirmation and overlays premium/discount zones directly on the chart. The indicator includes:
🔹 Visual buy/sell labels at breakout points
🔸 Dynamic EMA and VWAP for trend filtering
🟩 Automatic support/resistance zones
🔔 Alert-ready for signal automation
Ideal for intraday traders seeking clean, high-confidence signals.
Upgrade-ready: Easily extend with FVGs, order blocks, liquidity sweeps & backtesting.
🔹 Visual buy/sell labels at breakout points
🔸 Dynamic EMA and VWAP for trend filtering
🟩 Automatic support/resistance zones
🔔 Alert-ready for signal automation
Ideal for intraday traders seeking clean, high-confidence signals.
Upgrade-ready: Easily extend with FVGs, order blocks, liquidity sweeps & backtesting.
Release Notes
This advanced TradingView indicator combines precise mathematical formulas, early trend logic, and clean visual design into a dedicated subchart module. It's designed to detect early trend reversals, impulse shifts, and market pressure – all without cluttering your main chart.🔬 Included Indicators & Calculations:
📈 EMA Cross Deviation – Normalized difference between EMA(9) & EMA(21), relative to ATR
🧠 Adaptive RSI – RSI dynamically adjusted by ADX strength
💰 CMF (Custom Variant) – Money flow estimation using price/volume logic with RMA smoothing
🔄 TSI (True Strength Index) – Measures trend strength via double smoothing
⚡ Vortex (RMA-based) – Trend direction confirmation with impulse detection
🧭 Fisher Transform – Sharp reversal signals through logarithmic transformation
🔍 Divergence Detection (OBV, RSI, TSI) – Identifies hidden shifts in trend
🎯 Signal Strength Score – Combined signal power score visualized as histogram
🔔 Signal Logic:
✅ BUY Signal Triggers:
Score > 10
Bullish OBV, RSI & TSI divergences
Fisher bullish crossover
Vortex bullish cross
TSI above zero
❌ SELL Signal Triggers:
Score < -10
Bearish divergences across OBV, RSI & TSI
Fisher bearish crossover
Vortex bearish cross
TSI below zero
🎨 Visualization:
🔹 Subchart Only: All visual elements are plotted in the subchart – main chart stays clean
📊 Columns: Signal strength shown as a dynamic histogram
🟢🔴 Buy/Sell Arrows: Clear entry/exit markers in subpanel
🌈 Colored Lines: TSI (orange), Fisher (blue), Vortex (teal/purple)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.