MagnetOsc Turbo

Oscillators have long been a familiar tool for traders to gauge momentum and identify overbought/oversold zones in the market. However, you’ve probably heard someone say, “It’s overbought, so I sold,” then saw the price keep rising. Or they saw an oversold signal, went long, and the price continued dropping.

That’s why we developed this MagnetOsc Turbo, a dual-timeframe oscillator, as a solution. It's our 1st magnet-inspired oscillator concept, designed to help you capture reversal signals that the classic indicators might be missing. 

Why the name MagnetOsc Turbo?

Because this overbought oversold indicator​ works just like a magnet: like poles repel, opposite poles attract.
And since it’s based on momentum, Turbo represents the strength behind the signals it delivers.

What makes MagnetOsc Turbo unique?

1. Flexible multi-timeframe momentum analysis

Instead of simply adding more signals, MagnetOsc Turbo focuses on capturing the momentum consensus across 2 different timeframes.
With flexible higher timeframe settings, you can freely select any higher timeframe to use with your current chart.

Example: if your main chart is on 100-tick bars, your higher timeframe can be set to 200 Tick. 
Some more pairs for you: 1 Minute - 10 Minute, ninZaRenko 12/4 - ninZaRenko 20/10, etc… 

Thanks to this feature, it detects shifts and helps you avoid getting trapped when the price looks OB/OS on one timeframe but keeps pushing further. 

2. Signal logic based on magnetic forces:

• Like poles – Repelling force → Push signals
  When both timeframes show OB or OS conditions, MagnetOsc Turbo generates a Push signal. Fewer and ideal for swing traders looking to capture turning points. 

• Opposite poles – Attracting force → Pull signals
  When the timeframes show opposite momentum, it triggers a Pull signal. MagnetOsc Turbo targets short-term reversal but reflects momentum from the larger timeframe, helping you get in tune with the dominant trend.

3. Price Action confirmation for better entries

To filter for higher-quality signals, MagnetOsc Turbo cross-checks each signal with candle price action using OHLC data.

This helps the indicator recognize strong candles and offer earlier, more accurate entries than traditional oscillators.

4. Visually friendly interface 

Although this is an oscillator-based indicator, a lot of effort has been put into its visual design. You can view the oscillator from 2 different timeframes in a single sub-panel, presented with a magnet-like interface. 

You’ll also see the zones of repelling/attracting force. When the zones are the same color, they represent attraction; when they’re different colors, they indicate repulsion. 

Since then, you can analyze market context and pick higher-probability trades for your setups, something the classic oscillators fall short of supporting. 

If you’re a fan of oscillators and multi-timeframe analysis, MagnetOsc Turbo is a must-try.

In addition to this overbought and oversold indicator, you can explore other best-selling indicators for futures trading on NT8 from ninZa.co to improve your trading success.