The "DTOSC" (Dynamic Trader OSCillator)

Category: Indicators By: Doctrading Created: May 31, 2016, 6:35 PM
May 31, 2016, 6:35 PM
Indicators
6 Comments

The “Dynamic Trader OSCillator” was developed by Robert Miner (still him !), it was one of his favorite indicators.

It uses the “Stochastic RSI“, I did write the code on this website.

I’m not the author of this “DTOSC” code, I found it 2 years ago in order to use it.

Here is an example of DTOSC with parameters 13/8/5/5.

type = 2

if type = 1 then
 a = 8
 b = 5
 c = 3
 d = 3
endif

if type = 2 then
 a = 13
 b = 8
 c = 5
 d = 5
endif

if type = 3 then
 a = 21
 b = 13
 c = 8
 d = 8
endif

if type = 4 then
 a = 34
 b = 21
 c = 13
 d = 13
endif

storsi = 100 * ((rsi[a] - lowest[b](rsi[a])) / ((highest[b](rsi[a])) - lowest[b](rsi[a])))

dtosck = average[c](storsi)
dtoscd = average[d](dtosck)

Seuilhaut = 75
Seuilbas = 25

RETURN dtosck AS "DTOSCK" , dtoscd AS "DTOSCD" , Seuilhaut , Seuilbas

 

Download
Filename: DTOSC.itf
Downloads: 378
Doctrading Master
Hello, I'm Marc. Nice to meet you.
Author’s Profile

Comments

Logo Logo
Loading...