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Recreation of DZO – “Dynamic Zones Oscillator” – original by allanster(TV)
In form of basic indicator, but can be remade to Command as well.
Indication of custom percentage “overbought/oversold” – with option to use on any price source and can also be combined with other indicators – for instance RSI, CCI, or any other single data lineoriginal documentation:
https://www.tradingview.com/script/AoChfBer-How-To-Use-Dynamic-Zones/