Forecast Oscillator
"Forecast Oscillator" by KivancOzbilgic, MPL-2.0. Ported to FloScript by FloSignals; modifications under MPL-2.0. Original: Forecast Oscillator (v1.0), read 2026-10-12T16:05:10.939Z; 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.
Forecast Oscillator by KivancOzbilgic, ported from Pine v4. Pane indicator with 1 plot, 1 level 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/
// © KivancOzbilgic
// ------------------------------------------------------------------------------------------------
// Original author: KivancOzbilgic
// Original title: Forecast 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("Forecast Oscillator", overlay=false)
src = input(close)
len = input.int(defval=14, minval=1, title="Length")
lrc = ta.linreg(src, len, 0)
lrc1 = ta.linreg(src, len, 1)
lrs = lrc - lrc1
TSF = ta.linreg(src, len, 0) + lrs
fosc = 100 * (src - TSF[1]) / src
col12 = fosc > fosc[1]
col32 = fosc < fosc[1]
color2 = col12 ? #21C400 : col32 ? #960012 : color.blue
plot(fosc, color=color2, linewidth=2, title="TSF")
hline(0, linestyle=hline.style_dashed, color=color.blue)
This file is under the Mozilla Public License 2.0; it is a port of the original by KivancOzbilgic, 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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