ChartLuma
Composite OscillatorOSC-PLUS

Prime Oscillators Plus

Read the main oscillator, money flow, True 7, Power Bars and volume structure in a single pane.

Indicator overview

Use this pane to compare trend momentum, money flow and bull/bear volume without stacking several studies. The default V3 Prime wave uses the frozen 59-feature causal model only on 1-hour and daily bars; it passed AMD 1H / GOOGL 1D validation and AAPL 1H / QQQ 1D blind evaluation. Other periods retain the V2 wave and make no TradingView-alignment claim; saved V1/V2 studies keep their original behavior. Prime mode shows a cyan/red low-lag wave around the zero line: above zero favors buyers, below it favors sellers. Color follows the wave versus its own short EMA, not whether this bar is higher or lower than the last one, so a pullback above that baseline can stay cyan and a bounce below it can stay red. The fill still meets the midline. The ±120 bands are overbought and oversold: above 120 favors OB, below -120 favors OS. Orange OB/OS letters sit on those rails at a confirmed turn, one label per stay, on that stay's highest or lowest pivot. MVP mode switches to a blue/purple momentum ribbon with green overextension columns and arrows. Money mode uses the money-flow ribbon as the main wave, with MFI columns in the background, and still colors by the signal-line cross.

Power Bars sit at the top and bottom, True 7 occupies the middle rank rail, and the volume matrix hugs the floor of the pane. Blue dots are Peak Seekers after several conditions agree at a confirmed pivot. Divergence lines appear only after the right-side pivot confirms; they are not backfilled to the turning bar. The live last candle may show a hollow preview and can change before it closes.

QQQ Daily Prime Oscillators Plus

How to read the chart

Cyan / red wave
A low-lag wave around zero, colored cyan above its short EMA and red below it, without a lagged gray signal
Blue / purple MVP ribbon
Momentum mode, with green columns for overextension
Top and bottom Power Bars
Optional bearish brightness above and bullish brightness below
Center True 7 rail
Optional ranks 1 to 7; 1 and 7 are extremes, not chase signals
Blue Peak Seekers
Optional confirmed oscillator pivots with at least two agreeing conditions
Orange OB / OS
One label per stay beyond ±120, on that stay's highest or lowest confirmed turn

Signal confirmation

Direction agreement

The wave sits on one side of zero and color agrees with location

Divergence

Price makes a new extreme while the oscillator does not; the line is drawn on the confirmation bar

Peak Seeker

A confirmed pivot also shows extreme, rank, or money-flow disagreement

Diamond Shift

A diamond after money flow flips relative to its signal line

How to use it

  1. 01

    Read location versus the midline first, then check whether color has caught up

  2. 02

    Treat Power Bars as a trend filter when they agree with the ribbon

  3. 03

    Treat True 7 ranks 1 and 7 as exhaustion warnings, not add-on entries

  4. 04

    Combine divergence, Peak Seekers and OB/OS with at least one other structure or flow reading

  5. 05

    Prime still works without volume; Money mode, the volume matrix and diamonds degrade

Avoid when:

Forcing Money mode on symbols without volume, or treating a single blue dot or orange label as a guaranteed reversal.

Parameter guide

Algorithm versionV3

V3 uses the validated/blind-tested frozen model on 1H/1D and falls back to V2 elsewhere; saved V1/V2 behavior is preserved

Oscillator modePrime

Switch among Prime, MVP and Money ribbons

Power Bars / True 7 / volume matrixOff

Display only; the main ribbon calculation is unchanged

Peak Seekers / divergencesOff

Hide markers without changing the current mode

OB / OSOn

Orange letters at ±120 on a confirmed turn; one label per stay, on that stay's extreme pivot

Oscillator bandsOff

Optional envelope around the ribbon; breaks wait for the close

MTF money flowOff

Current, 4× or 12×; higher-timeframe values wait for a confirmed close

Diamond ShiftOff

Diamond after a money-flow direction flip

For technical-analysis education only, not investment advice. Use independent judgment and risk controls.