OPEN-SOURCE SCRIPT
Indicator: Derivative Oscillator
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.
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
List of my indicators at Appstore: blog.tradingview.com/?p=970
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.