Varadi Oscillator
"Varadi Oscillator" by alexgrover, MPL-2.0. Ported to FloScript by FloSignals; modifications under MPL-2.0. Original: Varadi Oscillator (v2.0), read 2026-10-12T15:57:14.282Z; source language v4.
Licence: Mozilla Public License 2.0 (MPL-2.0) — full text. The source is published with it, modifications included, under the same licence.
Varadi Oscillator by alexgrover, ported from Pine v4. Pane indicator with 1 plot, 2 levels and 2 inputs.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// An original idea of David Varadi, check his blog here : https://cssanalytics.wordpress.com
// ------------------------------------------------------------------------------------------------
// Original author: alexgrover
// Original title: Varadi Oscillator
// Licence: MPL-2.0 (the header above is the original notice, kept verbatim)
// Pine version: 4
// Fetched: 2026-10-12
// Ported to FloScript by FloSignals; modifications under MPL-2.0.
// Converter: @flosignals/floscript 0.1.0, strict mode, score 100/100
// ------------------------------------------------------------------------------------------------
//@floscript=1
//@version=5
// Converted by the FloScript converter from a Pine-compatible v4 source.
indicator("Varadi Oscillator", "DVO")
prank = input(14, "Percent Rank Length")
len = input(14, "SMA Length")
//----
a = ta.sma(close / hl2, len)
dvo = ta.percentrank(a, prank)
//----
plot(dvo, "DVO", #ff1100, 2)
hline(80)
hline(20)
This file is under the Mozilla Public License 2.0; it is a port of the original by alexgrover, with the original licence header kept and the changes made for FloScript noted in the file.
- v2
Library refresh 2026-10-14
- v1
Library refresh 2026-10-12
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