OPEN-SOURCE SCRIPT
Miggy Oscillator — NeoWave v7.2 + Fib + TP
🌀 Miggy Oscillator — NeoWave v7.2 + Fibonacci + TP
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Miggy Oscillator v7.2 is an advanced multi-layer momentum indicator that fuses WaveTrend, RSI, MFI, and adaptive Fibonacci dynamics into one powerful visual system.
It automatically adjusts its scale and sensitivity to any timeframe and includes built-in Take Profit (TP1 / TP2) levels, divergence detection with diagonal trendlines, and a clean color-coded HUD for quick market reads.
🔹 Core Features
• Adaptive WaveTrend normalization (auto-scales by timeframe)
• Multi-confirmations: VWAP + EMA(50/200) filters
• Dynamic Fibonacci trend line (61.8 %) to identify bias: Bullish, Bearish, or Neutral
• Multiple trading modes: Scalping, Intraday, Swing 1H–4H, Only Short/Long, and dedicated Short-Scalping or Long-Scalping modes
• Smart divergence detection — plots small diagonal lines directly on the oscillator
• Built-in Take Profit logic (TP1 & TP2) based on mode sensitivity
• Neon visual design with a simplified information box (mode, trend, fib level)
🔹 Signals & Alerts
• Bullish / Bearish signals (Strong & Early)
• TP1 / TP2 hits for both Long and Short positions
• Bullish / Bearish divergences
🎯 Usage
Use the Trend color and label as your momentum compass:
🟢 Bullish → momentum dominated by buyers
🔴 Bearish → sellers in control
🟣 Lateral → wait for confirmation
⸻
Designed for traders who want precision, speed, and clarity in one adaptive oscillator.
Version 7.2 — Miggy NeoWave Series
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.