# Circular Barplot - Oscillators Sentiment

Circular Barplot - Oscillators Sentiment is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®.

Six normalized oscillators (RSI, Stochastic %K, Linear Correlation, Williams Percent Range, Percent Rank, and Money Flow Index) drawn as concentric circle arcs, where arc length shows how close each sits to its maximum. A central label averages them into one sentiment number and a dashboard lists exact values. A compact sentiment widget for any ticker.

- Indicator in the LuxAlgo Library, by LuxAlgo, published Nov 8, 2021.
- Access: free.
- Concepts: [Composite Oscillators](https://www.luxalgo.com/library/concept/composite-oscillators/) (primary), [Min-max Scaling](https://www.luxalgo.com/library/concept/min-max-scaling/), [RSI](https://www.luxalgo.com/library/concept/rsi/), [Stochastic Oscillator](https://www.luxalgo.com/library/concept/stochastic-oscillator/)
- Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=cmpwn0wdz0016vhsgv4p0vu7x
- Page: https://www.luxalgo.com/library/indicator/circular-barplot-oscillators-sentiment/

**Circular Barplot - Oscillators Sentiment** condenses six classic oscillators (RSI, Stochastic %K, the Linear Correlation Oscillator, Williams Percent Range, Percent Rank, and the Money Flow Index) into a single [composite oscillator](https://www.luxalgo.com/library/concept/composite-oscillators/) view drawn as concentric circle arcs. Each component is [normalized onto a shared scale](https://www.luxalgo.com/library/concept/min-max-scaling/), so arc length carries the meaning: the longer the arc, the closer that oscillator sits to its maximum. A central label averages everything into one sentiment number.

## How to Trade the Circular Barplot - Oscillators Sentiment?

- **Long arcs across the plot**: components pressing their maximums: stretched, one-sided conditions worth treating as extremes.
- **Short arcs clustering together**: readings near their minimums, the mirror-image extreme.
- **Central label**: the average of all included oscillators, the fastest single-number sentiment read on the ticker.
- **Dashboard**: a top-right table lists precise per-oscillator values when the arcs alone are not enough.

The circular format is deliberately compact: arcs conserve horizontal and vertical space, which suits normalized data and leaves the price pane uncluttered. Each oscillator has its own length setting (default 14), so you can tune how quickly each component responds.

## Circular Barplot - Oscillators Sentiment Settings

- **Width**: width of each circle; setting it too low strains readability.
- **Spacing**: distance between circles. Overly generous values spread the plot thin.
- **Thickness**: weight of the colored arc lines.
- **Offset**: distance of the plot from the most recent candles.
- **Src**: input source feeding the RSI, %K, correlation, Percent Rank and MFI components; Williams %R always uses the bar's high, low and close.

## Frequently Asked Questions

### Which oscillators feed the display?

Six of them: RSI, Stochastic %K, the Linear Correlation Oscillator, Williams Percent Range, Percent Rank, and the Money Flow Index. Each has its own length setting (default 14), so you can retune the components one at a time.

### Is this meant to replace my main oscillator pane?

No. It shines as a widget: a quick sentiment glance while your primary tools do the detailed work. For a broader aggregated readout, [Market Sentiment Technicals](https://www.luxalgo.com/library/indicator/market-sentiment-technicals/) develops the same instinct into a fuller display.

### How do I access Circular Barplot - Oscillators Sentiment?

Free, from this LuxAlgo Library page. And Quant, our coding agent, can run it straight from here whenever you want the arcs on a chart without any setup. You can also copy the source code from this page and run it anywhere Pine Script® runs.

## Related indicators

- [Oscillator Matrix](https://www.luxalgo.com/library/indicator/luxalgo-oscillator-matrix/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/luxalgo-oscillator-matrix.md
- [LuxAlgo - Screener (OSC)](https://www.luxalgo.com/library/indicator/luxalgo-screener-osc/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/luxalgo-screener-osc.md
- [Omni-Flow Consensus](https://www.luxalgo.com/library/indicator/omni-flow-consensus/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/omni-flow-consensus.md
- [RSI Multi Length](https://www.luxalgo.com/library/indicator/rsi-multi-length/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/rsi-multi-length.md
- [Market Sentiment Technicals](https://www.luxalgo.com/library/indicator/market-sentiment-technicals/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/market-sentiment-technicals.md
- [SuperTrend Polyfactor Oscillator](https://www.luxalgo.com/library/indicator/supertrend-polyfactor-oscillator/) (Composite Oscillators): markdown at https://www.luxalgo.com/library/indicator/supertrend-polyfactor-oscillator.md
- [Normalized Oscillators Spider Chart](https://www.luxalgo.com/library/indicator/normalized-oscillators-spider-chart/) (Min-max Scaling): markdown at https://www.luxalgo.com/library/indicator/normalized-oscillators-spider-chart.md
- [RSI Candlestick Oscillator](https://www.luxalgo.com/library/indicator/rsi-candlestick-oscillator/) (RSI): markdown at https://www.luxalgo.com/library/indicator/rsi-candlestick-oscillator.md

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Source: https://www.luxalgo.com/library/indicator/circular-barplot-oscillators-sentiment/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/
