Candle Emotion Oscillator [CEO]

Candle Emotion Oscillator (CEO) - Revolutionary User Guide

🧠 World's First Market Psychology Oscillator

The Candle Emotion Oscillator (CEO) is a groundbreaking indicator that measures market emotions through pure candle price action analysis. This is the first oscillator ever created that translates candle patterns into psychological states, giving you unprecedented insight into market sentiment.

🚀 Revolutionary Concept

What Makes CEO Unique

• 100% Pure Price Action: No volume, no external data - just candle analysis
  
• Market Psychology: Measures actual emotions: Fear, Greed, Panic, Euphoria
  
• Never Been Done Before: First oscillator to analyze market emotions
  
• Exhaustion Prediction: Detects emotional fatigue before reversals
  
• Fast Response: Perfect for your 2-5 minute scalping setup
  

The Four Core Emotions

🟢 GREED (Positive Values)

What it measures: Market conviction and decisiveness

• Candle Pattern: Large bodies, small wicks
  
• Psychology: Traders are confident and decisive
  
• Oscillator: Positive values (0 to +100)
  
• Trading Implication: Trend continuation likely
  

🔴 FEAR (Negative Values)

What it measures: Market uncertainty and indecision

• Candle Pattern: Small bodies, large wicks
  
• Psychology: Traders are uncertain and hesitant
  
• Oscillator: Negative values (0 to -100)
  
• Trading Implication: Consolidation or reversal likely
  

🚀 EUPHORIA (Extreme Positive)

What it measures: Excessive optimism and buying pressure

• Candle Pattern: Large green bodies with upper wicks
  
• Psychology: Extreme bullish sentiment
  
• Oscillator: Values above +60
  

Trading Implication: Overbought, reversal warning

💥 PANIC (Extreme Negative)

What it measures: Capitulation and selling pressure

• Candle Pattern: Large red bodies with lower wicks
  
• Psychology: Extreme bearish sentiment
  

Oscillator: Values below -60
Trading Implication: Oversold, reversal opportunity

📊 Visual Elements Explained

Main Components

1. Thick Colored Line: Primary emotion oscillator
   
2. Green: Greed (positive emotions)
   
3. Red: Fear (negative emotions)
   
4. Bright Green: Euphoria (extreme positive)
   
5. Dark Red: Panic (extreme negative)
   

Thin Blue Line: Emotion trend (longer-term context)
Background Gradient: Emotional intensity
Darker = stronger emotions
Lighter = weaker emotions



Diamond Signals: 🔶 Emotional exhaustion detected

Rocket Signals: 🚀 Extreme euphoria warning

Explosion Signals: 💥 Extreme panic warning


Information Table (Top Right)