TrendEcho Oscillator [iss2k]

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🌀 TrendEcho Oscillator

The TrendEcho Oscillator is a hybrid momentum tool that blends the precision of EMA differentials with RSI-style normalization. It’s designed to visualize short-term trend strength, highlight momentum shifts, and reveal dynamic support and resistance levels within the oscillator space.

🔍 Core Concept

The indicator calculates the difference between two EMAs and scales it into a 0–100 range — similar to an RSI — creating a smooth and responsive oscillator that reflects momentum strength.
A secondary “Echo line” (the shifted EMA differential) acts as a delayed shadow, providing confirmation and early warning of potential reversals through crossovers.

📊 Signals

🟢 Buy Signal → When the main line crosses above the Echo line near the lower zone (below 10).

🔴 Sell Signal → When the main line crosses below the Echo line near the upper zone (above 90).

🟩 Neutral Crosses → Crossovers between 10 and 90 indicate possible momentum shifts but not strong overbought/oversold conditions.

🧭 Dynamic Pivot Zones

The oscillator automatically detects pivot highs and lows, projecting horizontal levels that extend until price momentum touches them again. These pivots visualize historical extremes in momentum and can act as dynamic zones of potential reversal or continuation.

⚙️ Inputs

EMA Lengths – control sensitivity of the trend measurement.

Lookback – defines how far back scaling is calculated for normalization.

Pivot Lookback – controls pivot detection sensitivity.

Offset – shifts the secondary Echo line for visual and signal timing control.

💡 Usage Tips

Works best in combination with trend filters (e.g., higher-timeframe EMA or structure analysis).

Strong divergence between the oscillator and price may signal early reversals.

Pivot lines can serve as momentum-based support/resistance within the oscillator.

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