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.
Комментарии
byrdphx
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Please pardon the newbie question, but is there a way to import the derivative oscillator into Thinkorswim's Thinkscript?
KRSCBOE
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Do you know how to convert derivative oscillator to pinescript?
QuantitativeExhaustion
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just click "make it mine" and after you have it uploaded check out pine script
PPSGROUP
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Tky very useful!, it was something I was looking for because it make sens.
Barnman
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Great indicator! and great support when trading with the range rules of Contstance Brown method. I think you do the same?
KRSCBOE
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thx!
shyamtrade22
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how to import this script into TOS ?
HamedAghajani
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Thanks for coding a broad range of indicators. Is this Indicator, what she refers as Composite index indicator?