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I agree. That's a very expensive oscillator.
S&R with volume, which you can get from any vaguely reasonable tool is all that is necessary.
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I believe Marketgauge and hotscans does so.
http://www.marketgauge.com/
THat said I have never used them only read about them.
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Any chance of seeing the code? I am starting to learn Ninjascript and this looks like it does things I would like to understand better
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The link given is now a placeholder so I guess the software never sold that well :)