Hello dear @Kvak. I found this indicator in the forum but cant remember where. Anyway, to me it looks very useful to identify OBOS zones and reversals. checked it's formula with AI and the main Idea was simple yet clever, using MACD and smoothing to predict possible reversals! please have a look into the code and I hope you find it interesting. This baby has a long long way to go! with your E-averages and price types or any other improvements about the whole idea I'm sure she can have a place among your works of masterpiece. salute and best wishes!
PS: Price_1 on the input tab can be removed since its not used in the calculations.
