Ocean Master [JOAT]

Ocean Master QE - Advanced Oceanic Market Analysis with Quantum Flow Dynamics

Overview
Ocean Master QE is an open-source overlay indicator that combines multiple analytical techniques into a unified market analysis framework. It uses ATR-based dynamic channels, volume-weighted order flow analysis, multi-timeframe correlation (quantum entanglement concept), and harmonic oscillator calculations to provide traders with a comprehensive view of market conditions.

What This Indicator Does
The indicator calculates and displays several key components:

• Dynamic Price Channels - ATR-adjusted upper, middle, and lower channels that adapt to current volatility conditions
  
• Order Flow Analysis - Separates buying and selling volume pressure to calculate a directional delta
  
• Smart Money Index - Volume-weighted order flow metric that highlights potential institutional activity
  
• Harmonic Oscillator - Weighted combination of 10 Fibonacci-period EMAs (5, 8, 13, 21, 34, 55, 89, 144, 233, 377) to identify trend direction
  
• Multi-Timeframe Correlation - Measures price correlation across 1H, 4H, and Daily timeframes
  
• Wave Function Analysis - Momentum-based state detection that identifies when price action becomes decisive
  

How It Works

The core channel calculation uses ATR with a configurable quantum sensitivity factor:

float atr = ta.atr(i_atrLength)
float quantumFactor = 1.0 + (i_quantumSensitivity * 0.1)
float quantumATR = atr * quantumFactor

upperChannel := ta.highest(high, i_length) - (quantumATR * 0.5)
lowerChannel := ta.lowest(low, i_length) + (quantumATR * 0.5)
midChannel := (upperChannel + lowerChannel) * 0.5

Order flow is calculated by separating volume into buy and sell components based on candle direction:



The harmonic oscillator weights shorter EMAs more heavily using inverse weighting (1/1, 1/2, 1/3... 1/10), creating a responsive yet smooth trend indicator.

Signal Generation
Confluence signals require multiple conditions to align:

• Bullish: Harmonic oscillator crosses above zero + positive Smart Money Index + positive Order Flow Delta
  
• Bearish: Harmonic oscillator crosses below zero + negative Smart Money Index + negative Order Flow Delta
  

Dashboard Panel (Top-Right)

• Bias - Current market direction based on price vs mid-channel
  
• Entanglement - Multi-timeframe correlation score (0-100%)
  
• Wave State - COLLAPSED (decisive) or SUPERPOSITION (uncertain)
  
• Volume - Current volume relative to 20-period average
  
• Volatility - ATR as percentage of price
  
• Smart Money - Volume-weighted order flow reading
  

Visual Elements

• Ocean Depth Layers - Gradient fills between channel levels representing different price zones
  
• Channel Lines - Upper (surface), middle, and lower (seabed) dynamic levels
  
• Divergence Markers - Triangle shapes when harmonic oscillator crosses zero
  
• Confluence Labels - BULL/BEAR labels when multiple factors align
  

Suggested Use Cases

• Identify trend direction using the harmonic oscillator and channel position
  
• Monitor order flow for potential institutional activity
  
• Use multi-timeframe correlation to confirm trade direction across timeframes
  
• Watch for confluence signals where multiple factors align
  

Input Parameters

• Length (default: 14) - Base period for channel and indicator calculations
  
• ATR Length (default: 14) - Period for ATR calculation
  
• Quantum Depth (default: 3) - Complexity factor for calculations
  
• Quantum Sensitivity (default: 1.5) - Channel width multiplier
  

Timeframe Recommendations
Works on all timeframes. Higher timeframes (4H, Daily) provide smoother signals; lower timeframes require faster reaction times and may produce more noise.

Limitations

• Multi-timeframe requests add processing overhead
  
• Order flow estimation is based on candle direction, not actual order book data
  
• Correlation calculations require sufficient historical data
  

Open-Source and Disclaimer
This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. It does not constitute financial advice. Past performance does not guarantee future results. Always use proper risk management and conduct your own analysis before trading.

- Made with passion by officialjackofalltrades