Description
The PZ Multi Oscillator is a powerful visual tool designed for traders who manage multiple instruments or timeframes simultaneously. Whether you're analyzing a currency basket, scanning the market for opportunities, or verifying higher-timeframe alignment, this tool gives you a centralized view of oscillator data across the board.
At its core, the indicator allows you to choose from a library of 16 popular oscillators, including:
- RSI
- CCI
- ADX
- ATR
- MACD
- OSMA
- DeMarker
- Stochastic
- Momentum
- Force Index
- Money Flow Index (MFI)
- On Balance Volume (OBV)
- Awesome Oscillator
- Relative Vigor Index (RVI)
- Accelerator Oscillator
- Williams Percent Range (WPR)
- Rate of Change (ROC)
You can assign any of these indicators to up to 12 buffers, each of which may represent a different symbol and/or timeframe, making it ideal for:
- Statistical arbitrage strategies
- Multi-timeframe confirmation setups
- Market screening for divergences or momentum alignment
- Cross-pair relative strength analysis
Example Use Cases
- View the RSI of 12 different currency pairs side-by-side
- Monitor the MACD on multiple timeframes of EURUSD in a single panel
- Combine indicators (e.g., Stoch on GBPUSD, ADX on USDJPY, MFI on EURUSD) into one custom layout
- Invert values of WPR or DeMarker when analyzing mean-reversion logic
The indicator is flexible enough to support advanced strategies, yet straightforward enough to provide immediate insight into price behavior across your portfolio.
Input Parameters
- Indicator Settings – Choose the oscillator to display and set how many bars to load (affects speed).
- Symbol Settings – Enter up to 12 symbols to display in each buffer (leave blank to disable).
- Timeframe Settings – Set the timeframe for each buffer (or use "current" to follow the chart).
- Invert Settings – Option to invert values for RSI, WPR, Stochastic, DeMarker, and MFI.
- RSI Period – Period setting for the RSI oscillator.
- CCI Period – Period setting for the Commodity Channel Index.
- ADX Period – Period setting for the Average Directional Index.
- ATR Period – Period setting for the Average True Range.
- MACD Period – Period setting for the MACD (Moving Average Convergence Divergence).
- OSMA Period – Period setting for the OSMA oscillator.
- DeMarker Period – Period setting for the DeMarker indicator.
- Stochastic Period – Period setting for the Stochastic oscillator.
- Momentum Period – Period setting for the Momentum indicator.
- Force Index Period – Period setting for the Force Index.
- Money Flow Index Period – Period setting for the MFI.
- On Balance Volume Period – Period setting for OBV.
- Awesome Oscillator Period – Period setting for Awesome Oscillator.
- Relative Vigor Index Period – Period setting for RVI.
- Accelerator Oscillator Period – Period setting for Accelerator Oscillator.
- Williams Percent Range Period – Period setting for WPR.
- Rate of Change (ROC) Period – Period setting for the Rate of Change indicator.
- Drawing Settings – Customize colors and line sizes for all buffers displayed.