LazyBear

Indicator: Derivative Oscillator

1033
Constance Brown's Derivative Oscillator was published in her book "Technical Analysis for the Trading Professional".

The oscillator uses a 14-period RSI. The RSI is then double smoothed with exponential moving averages. The default settings for the smoothing periods are 5 and 3.

In a second step a signal line is generated from the smoothed RSI by calculating a simple moving average with a period of 9.

The Derivative Oscillator is calculated as the difference between the smoothed RSI and the signal line and displayed as histogram.

All the values are configurable.

List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
開源腳本

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩吧!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。

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想在圖表上使用此腳本?
//
// @author LazyBear
// @credits Constance Brown
// 
study(title = "Derivative Oscillator [LazyBear]", shorttitle="DO_LB")
length=input(14, title="RSI Length")
p=input(9,title="SMA length")
ema1=input(5,title="EMA1 length")
ema2=input(3,title="EMA2 length")

s1=ema(ema(rsi(close, length), ema1),ema2)
s2=s1 - sma(s1,p)
c_color=s2 < 0 ? (s2 < s2[1] ? red : lime) : (s2 >= 0 ? (s2 > s2[1] ? lime : red) : na)
plot(s2 , style=histogram, color=c_color)