GET Oscillator

GET Oscillator 10/70 is a momentum-based oscillator built on the difference between two Simple Moving Averages (10 and 70). It is designed to identify trend direction, momentum strength, and volatility expansion phases commonly associated with strong directional moves.

The oscillator is calculated as the difference between SMA(10) and SMA(70). To highlight momentum expansion, adaptive breakout bands are applied using the standard deviation of the oscillator itself. When the oscillator moves beyond these bands, it signals strong momentum acceleration. Movements within the bands indicate normal trend behavior or retracements.

Color interpretation:
Bright green indicates strong bullish momentum when the oscillator is above the upper band.
Green indicates bullish momentum above the zero line but within the bands.
Maroon indicates bearish momentum below the zero line but within the bands.
Red indicates strong bearish momentum when the oscillator is below the lower band.

The script includes an on-chart information table that displays the indicator name, current oscillator value, and live momentum status. The table position can be adjusted to top left, top right, bottom left, or bottom right, and text size can be set to small, normal, or large.

This indicator is best used for:
Identifying trend direction and momentum strength
Spotting momentum expansion and breakout phases
Filtering trades in trend-following systems
Use across stocks, indices, futures, and crypto markets

The indicator is non-repainting and intended for momentum confirmation rather than standalone trade signals. For best results, it can be combined with price action, moving averages, or structure-based analysis.

GET Oscillator 10/70 provides a clear visual representation of momentum shifts and helps traders distinguish between normal market movement and high-energy directional phases.