Empiece

Oscilador de precio sin tendencia (DPO)

Detrended Price Oscillator - Valuation and Trend | Astral VisionDetrended Price Oscillator - Valuation and Trend | Astral Vision 🌠💠 The Detrended Price Oscillator removes the dominant trend from price by subtracting a lagged moving average, isolating the cyclical component that trends obscure. The result is an oscillator centered around zero that reflects how far price has deviated from its medium-term mean, independent of whether the broader trend is up or down. This indicator extends the standard DPO with two structural additions. First, dynamic overbought and oversold bands are derived from the rolling standard deviation of the DPO itself, making the extremes statistically adaptive rather than fixed. Second, an optional moving average smoothing layer can be applied to the DPO before all calculations, reducing noise on lower timeframes. Two modes cover different use cases: "Extremes" identifies statistically significant deviations from the mean with explicit entry/exit signals, while "Trend" tracks whether the smoothed DPO is above or below its rolling mean as a directional read. Calculation ⚙️ `DPO = close − SMA(close, length) ` The lookback shift centers the moving average on the period being measured, removing the trend component while preserving cyclical deviations. An optional EMA or SMA of configurable length can then be applied to the raw DPO. `Overbought = SMA(DPO, stdLookback) + ob_multiplier × StdDev(DPO, stdLookback)` `Oversold = SMA(DPO, stdLookback) − os_multiplier × StdDev(DPO, stdLookback)` Both bands float dynamically with the evolving distribution of DPO values, tightening during low-volatility periods and expanding during high-volatility ones. Plots 📊 DPO line with 6-layer glow (linewidths 12/8/5/3/2/1, transparencies 88/78/65/50/30/0), colored by active regime Dynamic overbought and oversold band lines Rolling mean line Zero baseline (dashed) Triangle signals in the panel and on the price chart when DPO crosses back inside a band from an extreme (Extremes mode, signals enabled) Candle coloring on the price chart by active regime Background highlight on the price chart when either band is breached (Extremes mode) Inputs 🎛️ `Mode`: Extremes (band-crossing signals) or Trend (mean-relative direction) `DPO Length`: period of the internal SMA used to detrend price (default 21) `StDev Lookback`: rolling window for mean and standard deviation of the DPO (default 250) `Oversold StDev Multiplier`: band distance below the mean (default 1.8) `Overbought StDev Multiplier`: band distance above the mean (default 2.0) `Show Signals`: toggles triangle markers for band re-entry crossings `Use Moving Average` applies a smoothing MA to the DPO before all calculations `Moving Average Length` : period of the smoothing MA (default 10) `Moving Average Type`: EMA or SMA Colors 🎨 5 Astral Vision presets + custom override. Default: Hermes. Positive color activates at oversold extremes and above-mean trend; negative color activates at overbought extremes and below-mean trend; neutral applies to the mean line. Purpose 🎯 Standard DPO implementations plot a raw oscillator with no threshold logic and no statistical context, leaving the trader to visually judge whether a given deviation is significant or routine. Fixed overbought/oversold levels carry no meaning as market volatility changes over time. This indicator makes the extremes statistically rigorous: the bands adapt to the actual distribution of DPO values over the chosen lookback, so a breach always represents a genuinely unusual deviation regardless of the prevailing volatility regime. The signal markers fire specifically on band re-entries, not on the initial breach, identifying the moment mean reversion has begun rather than flagging the extreme itself. The six-layer glow rendering makes the oscillator's position relative to its bands immediately readable at a glance without requiring precise level inspection. Disclaimer ⭕️ It is not financial advice, not an investment recommendation, and not affiliated with any financial institution, research firm, or organization of any kind. All content is provided for educational and informational purposes only. Always conduct your own research before making any financial decision.
Indicador Pine Script®
por AstralVision
Globex Open LineGlobex Open Line Globex Open Line is a session-based indicator that plots the opening price of the Globex session and extends it forward on the chart. It provides a clean reference level for tracking how price reacts to the start of the futures trading session. Overview The indicator detects the exact moment when the Globex session begins (based on a configurable time and timezone) and draws a horizontal line at the session open price. This level is then extended forward for a user-defined duration, allowing traders to monitor its influence throughout the session. Key Features Automatic Globex Open Detection Identifies the first bar of the Globex session using custom time and timezone settings. Session Open Level Projection Draws a horizontal line at the opening price and extends it forward for a configurable number of hours. Custom Timezone Support Ensures accurate session alignment across different markets and instruments. Optional Price Label Displays the exact Globex open value directly on the chart for quick reference. Flexible Styling Customize line color, width, and style (solid, dashed, dotted) to match your chart layout. Use Cases Key Level Identification The Globex open often acts as a reference for intraday bias and price positioning. Support & Resistance Monitor reactions around the open level, which can behave as dynamic support or resistance. Session Context Helps distinguish whether price is trading above or below the Globex open, providing directional context. Confluence Tool Combine with market structure, VWAP, or volume-based indicators to strengthen trade ideas. Inputs Globex start time (hour and minute) Timezone selection Line extension duration (in hours) Label visibility toggle Line styling options Notes This indicator is session-dependent and works best on intraday timeframes. Accurate timezone configuration is essential for correct alignment with the intended market session. Summary Globex Open Line provides a precise and customizable way to track the Globex session opening price, helping traders incorporate a widely observed reference level into their analysis.
Indicador Pine Script®
por XAUmmunity
Matrix Order Blocks [Institutional Edition]Matrix Order Block Institutional Engine is a zone-based chart analysis tool designed to help users identify potential order block areas derived from historical price displacement and reaction behavior. The script highlights areas where price previously moved with strength and where future reactions may attract attention from technical traders. Rather than manually marking multiple zones, this tool organizes potential bullish and bearish order block regions into a cleaner chart framework. It is intended for users who study price structure, pullback zones, and reaction-based market behavior across multiple assets and timeframes. The focus of the script is clarity, structured zone analysis, and workflow efficiency. This tool may help users with: Identifying potential bullish order block areas Identifying potential bearish order block areas Mapping pullback zones during trends Watching reaction levels after displacement moves Supporting confluence-based setups Reducing manual zone drawing clutter Suitable for: Price action traders Smart money concept users Swing traders Intraday traders Pullback strategy users Traders seeking structured zone tools If zone-based chart tools and structure-focused analysis are useful in your workflow, you may also find other research tools shared on this profile interesting.
Indicador Pine Script®
por goktugozi26
MA200 Parallel ChannelDynamic MA100 Parallel Bands – Precision S/R Levels This indicator builds a clean, parallel channel around the 100-period moving average using a fixed ±4 offset. Because the offset mirrors the short-term MA1 fluctuations, the channel reveals highly accurate support and resistance zones that react instantly to market micro-structure. Unlike Bollinger Bands—which expand with volatility—this tool stays perfectly parallel and trend-aligned, making breakouts and pullbacks incredibly easy to spot. How it works: Centerline: 100-period moving average (MA100) Upper Band: MA100 + 4 Lower Band: MA100 – 4 MA1 used as a sensitivity reference for micro-trend behavior Parallel structure ensures stable, predictable levels Why it’s powerful: The ±4 channel creates extremely precise S/R zones Price respecting the lower band = dynamic support Price rejecting the upper band = dynamic resistance A clean break above or below the bands highlights strong momentum shifts Perfect for intraday traders needing structure without noise Perfect for: Identifying high-probability bounce levels Spotting early trend continuation Confirming MA100 breakouts Filtering weak signals and fake volatility spikes If you want razor-sharp support & resistance levels that stay consistent across all timeframes, these MA100 parallel bands deliver exceptional clarity.
Indicador Pine Script®
por S_P_X_500
Early MACD Reversal IndicatorThis indicator should provide early warnings of potential price reversal based on the difference between the MACD and its signal line. The keys of the reversal come from creating a histogram of the difference between the two lines and further monitoring the first indications of breadth decrease. The first change when trending up will paint a red vertical line and downward triangle to indicate potential trend reversal to the low side. The opposite with a green vertical line and upward triangle signals potential upside movement soon. Enjoy!
Indicador Pine Script®
por StockSignaler
7
RSI & DPO support/resistanceThis indicator combines the Relative Strength Index (RSI) to identify overbought and oversold conditions with the Detrended Price Oscillator (DPO) to highlight support and resistance levels. Unlike traditional indicators that display these metrics in a separate window, this tool integrates them directly onto the main price chart. This allows for a more cohesive analysis, enabling traders to easily visualize the relationship between price movements and momentum indicators in one unified view. How to Use It: Identify Overbought and Oversold Conditions: Look for RSI values above 70 to identify overbought conditions, suggesting a potential price reversal or pullback. Conversely, RSI values below 30 indicate oversold conditions, which may signal a potential price bounce or upward movement. Analyze Support and Resistance Levels: Observe the DPO lines on the main chart to identify key support and resistance levels. When the price approaches these levels, it can provide insights into potential price reversals or breakouts. Combine Signals for Trading Decisions: Use the RSI and DPO signals together to make informed trading decisions. For example, if the RSI indicates an overbought condition while the price is near a resistance level identified by the DPO, it may be a good opportunity to consider selling or taking profits. Monitor Divergences: Watch for divergences between the RSI and price movements. If the price is making new highs while the RSI is not, it could indicate weakening momentum and a potential reversal. Set Alerts: Consider setting alerts for when the RSI crosses above or below the overbought or oversold thresholds, or when the price approaches significant support or resistance levels indicated by the DPO. Practice Risk Management: Always use proper risk management techniques, such as setting stop-loss orders and position sizing, to protect your capital while trading based on these indicators. By following these steps, traders can effectively utilize this indicator to enhance their market analysis and improve their trading strategies.
Indicador Pine Script®
por dPEngineering
1
COIN/BTC Trend OscillatorThe COIN/BTC Trend Oscillator is a versatile tool designed to measure and visualize momentum divergences between Coinbase stock ( NASDAQ:COIN ) and Bitcoin ( CRYPTOCAP:BTC ). It helps identify overbought and oversold conditions, while also highlighting potential trend reversals. Key Features: VWAP-Based Divergence Analysis: • Tracks the difference between NASDAQ:COIN and CRYPTOCAP:BTC relative to their respective VWAPs. • Highlights shifts in momentum between the two assets. Normalized Oscillator: • Uses ATR normalization to adapt to different volatility conditions. • Displays momentum shifts on a standardized scale for better comparability. Overbought and Oversold Conditions: • Identifies extremes using customizable thresholds (default: ±80). • Dynamic background colors for quick visual identification: • Blue for overbought zones (potential sell). • White for oversold zones (potential buy). Rolling Highs and Lows Detection: • Tracks turning points in the oscillator to identify possible trend reversals. • Useful for spotting exhaustion or accumulation phases. Use Case: This indicator is ideal for trading Coinbase stock relative to Bitcoin’s momentum. It’s especially useful during strong market trends, helping traders time entries and exits based on extremes in relative performance. Limitations: • Performance may degrade in choppy or sideways markets. • Assumes a strong correlation between NASDAQ:COIN and CRYPTOCAP:BTC , which may not hold during independent events. Pro Tip: Use this oscillator with broader trend confirmation tools like moving averages or RSI to improve reliability. For macro strategies, consider combining with higher timeframes for alignment.
Indicador Pine Script®
por SHA256orBUST
Pulse DPO: Major Cycle Tops and Bottoms█  OVERVIEW Pulse DPO is an oscillator designed to highlight Major Cycle Tops and Bottoms . It works on any market driven by cycles. It operates by removing the short-term noise from the price action and focuses on the market's cyclical nature. This indicator uses a Normalized version of the Detrended Price Oscillator (DPO) on a 0-100 scale, making it easier to identify major tops and bottoms. Credit: The DPO was first developed by William Blau in 1991. █  HOW TO READ IT Pulse DPO oscillates in the range between 0 and 100. A value in the upper section signals an OverBought (OB) condition, while a value in the lower section signals an OverSold (OS) condition. Generally, the triggering of OB and OS conditions don't necessarily translate into swing tops and bottoms, but rather suggest caution on approaching a market that might be overextended. Nevertheless, this indicator has been customized to trigger the signal only during remarkable top and bottom events. I suggest using it on the Daily Time Frame , but you're free to experiment with this indicator on other time frames. The indicator has Built-in Alerts to signal the crossing of the Thresholds. Please don't act on an isolated signal, but rather integrate it to work in conjunction with the indicators present in your Trading Plan. █  OB SIGNAL ON: ENTERING OVERBOUGHT CONDITION When Pulse DPO crosses Above the Top Threshold it Triggers ON the OB signal. At this point the oscillator line shifts to OB color. When Pulse DPO enters the OB Zone, please beware! In this Area the Major Players usually become Active Sellers to the Public. While the OB signal is On, it might be wise to Consider Selling a portion or the whole Long Position. Please note that even though this indicator aims to focus on major tops and bottoms, a strong trending market might trigger the OB signal and stay with it for a long time. That's especially true on young markets and on bubble-mode markets. █  OB SIGNAL OFF: EXITING OVERBOUGHT CONDITION When Pulse DPO crosses Below the Top Threshold it Triggers OFF the OB signal. At this point the oscillator line shifts to its normal color. When Pulse DPO exits the OB Zone, please beware because a Major Top might just have occurred. In this Area the Major Players usually become Aggressive Sellers. They might wind up any remaining Long Positions and Open new Short Positions. This might be a good area to Open Shorts or to Close/Reverse any remaining Long Position. Whatever you choose to do, it's usually best to act quickly because the market is prone to enter into panic mode. █  OS SIGNAL ON: ENTERING OVERSOLD CONDITION When Pulse DPO crosses Below the Bottom Threshold it Triggers ON the OS signal. At this point the oscillator line shifts to OS color. When Pulse DPO enters the OS Zone, please beware because in this Area the Major Players usually become Active Buyers accumulating Long Positions from the desperate Public. While the OS signal is On, it might be wise to Consider becoming a Buyer or to implement a Dollar-Cost Averaging (DCA) Strategy to build a Long Position towards the next Cycle. In contrast to the tops, the OS state usually takes longer to resolve a major bottom. █  OS SIGNAL OFF: EXITING OVERSOLD CONDITION When Pulse DPO crosses Above the Bottom Threshold it Triggers OFF the OS signal. At this point the oscillator line shifts to its normal color. When Pulse DPO exits the OS Zone, please beware because a Major Bottom might already be in place. In this Area the Major Players become Aggresive Buyers. They might wind up any remaining Short Positions and Open new Long Positions. This might be a good area to Open Longs or to Close/Reverse any remaining Short Positions. █  WHY WOULD YOU BE INTERESTED IN THIS INDICATOR? This indicator is built over a solid foundation capable of signaling Major Cycle Tops and Bottoms across many markets. Let's see some examples: Early Bitcoin Years: From 0 to 1242 This chart is in logarithmic mode in order to properly display various exponential cycles. Pulse DPO is properly signaling the major early highs from 9-Jun-2011 at 31.50, to the next one on 9-Apr-2013 at 240 and the epic top from 29-Nov-2013 at 1242. Due to the massive price movements, the OB condition stays pinned during most of the exponential price action. But as you can see, the OB condition quickly vanishes once the Cycle Top has been reached. As the market matures, the OB condition becomes more exceptional and triggers much closer from the Cycle Top. With regards to Cycle Bottoms, the early bottom of 2 after having peaked at 31.50 doesn’t get captured by the indicator. That is the only cycle bottom that escapes the Pulse DPO when the bottom threshold is set at a value of 5. In that event, the oscillator low reached 6.95. Bitcoin Adoption Spreading: From 257 to 73k This chart is in logarithmic mode in order to properly display various exponential cycles. Pulse DPO is properly signaling all the major highs from 17-Dec-2017 at 19k, to the next one on 14-Apr-2021 at 64k and the most recent top from 9-Nov-2021 at 68k. During the massive run of 2017, the OB condition still stayed triggered for a few weeks on each swing top. But on the next cycles it started to signal only for a few days before each swing top actually happened. The OB condition during the last cycle top triggered only for 3 days. Therefore the signal grows in focus as the market matures. At the time of publishing this indicator, Bitcoin printed a new All Time High (ATH) on 13-Mar-2024 at 73k. That run didn’t trigger the OB condition. Therefore, if the indicator is correct the Bitcoin market still has some way to grow during the next months. With regards to Cycle Bottoms, the bottom of 3k after having peaked at19k got captured within the wide OS zone. The bottom of 15k after having peaked at 68k got captured too within the OS accumulation area. Gold Pulse DPO behaves surprisingly well on a long standing market such as Gold. Moving back to the 197x years it’s been signaling most Cycle Tops and Bottoms with precision. During the last cycle, it shows topping at 2k and bottoming at 1.6k. The current price action is signaling OB condition in the range of 2.5k to 2.7k. Looking at past cycles, it tends to trigger on and off at multiple swing tops until reaching the final cycle top. Therefore this might indicate the first wave within a potential gold run. Oil On the Oil market, we can see that most of the cycle tops and bottoms since the 80s got signaled. The only exception being the low from 2020 which didn’t trigger. EURUSD On Forex markets the Pulse DPO also behaves as expected. Looking back at EURUSD we can see the marketing triggering OB and OS conditions during major cycle tops and bottoms from recent times until the 80s. S&P 500 On the S&P 500 the Pulse DPO catched the lows from 2016 and 2020. Looking at present price action, the recent ATH didn’t trigger the OB condition. Therefore, the indicator is allowing room for another leg up during the next months. Amazon On the Amazon chart the Pulse DPO is mirroring pretty accurately the major swings. Scrolling back to the early 2000s, this chart resembles early exponential swings in the crypto space. Tesla Moving onto a younger tech stock, Pulse DPO captures pretty accurately the major tops and bottoms. The chart is shown in logarithmic scale to better display the magnitude of the moves. █  SETTINGS This indicator is ideal for identifying major market turning points while filtering out short-term noise. You are free to adjust the parameters to align with your preferred trading style. Parameters : This section allows you to customize any of the Parameters that shape the Oscillator. Oscillator Length: Defines the period for calculating the Oscillator. Offset: Shifts the oscillator calculation by a certain number of periods, which is typically half the Oscillator Length. Lookback Period: Specifies how many bars to look back to find tops and bottoms for normalization. Smoothing Length: Determines the length of the moving average used to smooth the oscillator. Thresholds : This section allows you to customize the Thresholds that trigger the OB and OS conditions. Top: Defines the value of the Top Threshold. Bottom: Defines the value of the Bottom Threshold.
Indicador Pine Script®
por gliderfund
5
Cycle Oscillator V2 [OmegaTools]Introducing the "Cycle Oscillator" by OmegaTools, an innovative addition to your TradingView analysis toolkit. This script is designed to offer a unique approach to understanding market cycles without the need for volume data, making it versatile across various market conditions and asset classes. Key Features: - Cycle Length Customization: Tailor the cycle length from 10 to 200 bars to fit the specific rhythm of the market you're analyzing, ensuring relevance and precision. - Smoothness Adjustment: Fine-tune the oscillator's smoothness to capture the essence of market movements with options ranging from 1 to 20. - Aesthetic Flexibility: Choose your preferred colors for the oscillator's upward and downward movements, personalizing your chart to your liking. - Historical Mode: Toggle the historical mode to either focus on real-time analysis or review past cycle data for backtesting and study. - Candle Color Modes: Enhance your visual analysis with optional candle coloring based on trend, signals, or extensions, providing immediate insight into market conditions. Usage Guide: 1. Setting Up: Easily adjust the cycle length and smoothness to match the market's current volatility and your trading style. 2. Understanding Market Cycles: The oscillator plots the average deviation from three distinct moving averages, offering a clear view of potential market turns or continuations. 3. Identifying Overbought/Oversold Conditions: Utilize the upper and lower bounds to recognize extreme market conditions, guiding your entry and exit decisions. 4. Visual Enhancements: Customize the visual aspects, including colors and candle coloring, to make your analysis both effective and aesthetically pleasing. 5. Anticipating Market Movements: The script provides forward-looking lines to suggest potential future highs or lows, aiding in predictive analysis. Designed with both novice and experienced traders in mind, the "Cycle Oscillator" is a testament to OmegaTools' commitment to providing high-quality, innovative trading tools. Whether you're looking to refine your trading strategy or seeking new analytical perspectives, this script offers a comprehensive solution to navigating the ebbs and flows of the financial markets. Join the community of traders enhancing their TradingView experience with the "Cycle Oscillator" by OmegaTools. Start exploring deeper market insights and unlock new trading opportunities today.
Indicador Pine Script®
por OmegaTools
1
Strategy Myth-Busting #23 - 2xEMA+DPO- [MYN]#23 on the Myth-Busting bench, we are automating the "Best Funded Account Trading Strategy (Pass EVERY Challenge!)" strategy from "Trade with Pat" who claims this strategy will pass every trading challenge out there. This strategy uses 3 open source indicators. 2 EMA's. The first one (Slow) is set to a length of 40 and a fast EMA which is set to 12. This strategy uses the crossover of the fast( 12) EMA over the Slow EMA ( 40 ) as the primary means to enter a long position. The opposite when the fast EMA crosses under the slow EMA as a means to indicate a short position. This strategy uses the DPO (Detrended Price Oscillaor) from the Uptrend Price DPO indicator in the same way we would traditionally use a stochastic or moving average convergence/divergence indicator like the MACD . Basically, the DPO helps evaluate and estimate the length of the price cycle from peak to peek or through to trough and in this strategy confirms entry of a long / short condition complimenting the EMA crossover/crossunders. And as always, If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me. This strategy uses a combination of 2 open-source public indicators: EMA x2 ( 40 and 12) Untrend Price DPO indicator by jTradeuh Trading Rules 1 or 4 hour candles Stop loss at previous highest-high (Short) and lowest-low (Long). Take Profit 2 - 2.5 the risk Strategy Template includes open source code from the following: Performance Summary Dashboard by @VertMT Time Of Day Window by @ddctv Monthly Table Performance Dashboard by @QuantNomad
Estrategia Pine Script®
por myncrypto
1
Zero Lag Detrended Price Oscillator (ZL DPO)This indicator attempts to create a zero lag Detrended price oscillator using 2 different scripts. I actually really like the results so far. I hope you all find it useful too. Green>Red = long Red>Green = short The lines on the example chart are some of the signals that the indicator gave on default settings. The greens are wins, reds are outright losses, and blues are "scratch" trades(signal for other side before hitting stop loss). All of the signals tested were using NNFX money management to see if they are wins or losses(1.5x atr for SL and 1 Atr for TP).
Indicador Pine Script®
por Zen_Forex_
6
Supertrend + RSI Strategy [Alose]This strategy combines the best of both indicators (Supertrend & RSI). As we know, Supertrend is excellent at finding changes in the market trend and thus finding the best entries, however in my opinion it has a great weakness and it is that it does not know how to find the best exit point. For this reason I decided to combine it with the RSI that we know usually knows the highest and lowest rebound points of the price, thus managing to find the best exit point for the strategy. The best thing about combining these 2 indicators is that our trades will obtain better profits in less time. LONG ENTRY When SuperTrend changes its direction and it is less than 0. LONG EXIT There are two ways to close the trade: When RSI is overbought, you can choose the "Overbought Level " inside the strategy settings (Default: 72). When SuperTrend changes its direction and it is grater than 0. SHORT ENTRY (You can enable short entries in strategy settings) When SuperTrend changes its direction and it is grater than 0. LONG EXIT There are two ways to close the trade: When RSI is oversold, you can choose the "Oversold Level " inside the strategy settings (Default: 28). When SuperTrend changes its direction and it is less than 0.
Estrategia Pine Script®
por alorse
3
MTF DPO-RSI IndicatorThis indicator uses the principle of taking the RSI of DPO readings across multiple time frames in order to provide trade signals and an overarching view of market conditions to the trader. My hope with creating this indicator was to present more divergence based signals than your typical indicator, while still keeping those signals at a high quality. In the settings menu, you may specify: Indicator Timeframe - the chart resolution that is used to calculate values. Source DPO Length - the number of bars used to calculate the Detrended Price Oscillator value. The DPO value is the source for the RSI calculations. DPO Hull Smoothing - how much smoothing is applied to the DPO . Smoothing is accomplished by taking a Hull Moving Average of the closing price, and using this to calculate the DPO value. RSI Length - the number of bars used to calculate the RSI of the DPO value. Time Multipliers 1 through 6 - use this to define what resolution each plot will represent. A value of 1 will represent the current Indicator Timeframe. A value of 3 will represent 3 times the current Indicator Timeframe, etc. Show Plot 1 through 6 - toggles the display of plots. How I trade with this indicator: A value of under 30 represents an over sold state for that particular plot. A value of over 70 represents an overbought state for that plot. Identify divergences on a lower timeframe plot which are apparent in overbought or oversold conditions, and confirm the signal with an overbought or oversold condition, or a divergence on a higher timeframe plot. Divergences which begin in oversold or overbought territory and end inside the 30-70 range tend to be more reliable signals, in my experience. Like all indicators, this is best when used in conjunction with other indicators. Trend indicators, such as double EMA's and Supertrend are my favorite pairing, and a stochastic RSI is a good tool to have as well. This is my first published indicator! If you find unique ways to use it, drop me a message. I'd love to know what you find. :)
Indicador Pine Script®
por ethereal_motion
1
Detrended Rhythm Oscillator (DRO)How to detect the current "market beat" or market cycle? A common way to capture the current dominant cycle length is to detrend the price and look for common rhythms in the detrended series. A common approach is to use a Detrended Price Oscillator (DPO). This is done in order to identify and isolate short-term cycles. A basic DPO description can be found here: www.tradingview.com Improvements to the standard DPO The main purpose of the standard DPO is to analyze historical data in order to observe cycle's in a market's movement. DPO can give the technical analyst a better sense of a cycle's typical high/low range as well as its duration. However, you need to manually try to "see" tops and bottoms on the detrended price and measure manually the distance from low-low or high-high in order to derive a possible cycle length. Therefore, I added the following improvements: 1) Using a DPO to detrend the price 2) Indicate the turns of the detrended price with a ZigZag lines to better see the tops/bottoms 3) Detrend the ZigZag to remove price amplitude between turns to even better see the cyclic turns ("rhythm") 4) Measure the distance from last detrended zigzag pivot (high-high / low-low) and plot the distance in bars above/below the turn Now, you can clearly see the rhythm of the dataset indicated by the Detrended Rhythm Oscillator including the exact length between the turns. This makes the procedure to "spot" turns and "measure" distance more simple for the trader. How to use this information The purpose is to check if there is a common rhythm or beat in the underlying dataset. To check that, look for recurring pattern in the numbers. E.g. if you often see the same measured distance, you can conclude that there is a major dominant cycle in this market. Also watch for harmonic relations between the numbers. So in the example above you see the highlighted cluster of detected length of around 40,80 and 120. There three numbers all have a harmonic relation to 40. Once you have this cyclic information, you can use this number to optimize or tune technical indicators based on the current dominant cycle length. E.g. set the length parameter of a technical indicator to the detected harmonic length with the DRO indicator. Example Use-Case You can use this information to set the input for the following free public open-source script: Disclaimer This is not meant to be a technical indicator on its own and the derived cyclic length should not be used to forecast the next turn per se. The indicator should give you an indication of the current market beat or dominant beats which can be use to further optimize other oscillator or trading related settings. Options & settings The indicator allows to plot different versions. It allows to plot the original DPO, the DRO with ZigZag lines, the DRO with detrended ZigZag lines and length labels on/off. You can turn on or off these version in the indicator settings. So you can tweak it visually to your own needs.
Indicador Pine Script®
por StockMarketCycles
81
+ Detrended Price OscillatorAccording to TradingView the Detrended Price Oscillator is an oscillator that removes trend from price in order to more clearly show an instrument's cyclical highs and lows so that an investor or trader may more easily time when to buy or sell the underlying instrument. Accordingly, it is not meant to be used as a way of gauging momentum, however, I find it perfectly suitable for the task (at least when used "un-centered" which is how it comes by default here). If you wish to read up more on the DPO just search for it under indicators. It's built in, so you'll find all the information you need on it there. Or check investopedia. On to the good stuff. What have I done and how does this work? As un-centered you can use it just like any other momentum oscillator. Price above the zero line is bullish and below is bearish, generally speaking. I've added two moving averages that you can turn on or off, and choose amongst various types and lengths. Both of these are colored based on trend. The DPO is also colored based on trend, with a neutral color based on where the DPO is relative to the primary MA and the zero line. Candles are colored in the same way that the DPO is. I've added Bollinger Bands because they could be useful on an indicator like this. All the alert conditions you could dream of. With this set to centered you will notice that the DPO is not inline with current price. That is intentional, as it's only designed to look at historical price data to time highs and lows of price movement. As such, I don't recommend using this when set to centered, at least if you're trading crypto. The price volatility perhaps makes for inconsistent timing of cyclical highs and lows, or perhaps it's the rather brief amount of time cryptocurrencies have been in existence. I do not know. Just stick to using it un-centered. The above image shows the indicator with Bollinger Bands turned on and the MA's turned off. Also, you should note that the candle color and DPO color is based on the primary moving average you are using. If you want consistency, and want to use the Bollinger Bands, then keep your primary moving average set as a 20 SMA, as that is the basis for Bollinger Bands. Hope this is helpful to you. Definitely pair it with an additional indicator like an RSI, or my +ADP. I like to use something rangebound to compare its signals to.
Indicador Pine Script®
por ClassicScott
20
Combo Backtest 123 Reversal & DiNapoli Detrended Oscillator This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy DiNapoli Detrended Oscillator Strategy WARNING: - For purpose educate only - This script to change bars colors.
Estrategia Pine Script®
por HPotter
2
Detrended Price Oscillator with projected SMAHaven't seen any DPO scripts like this one... Dpo is generaly use to find cycles in the market rather than prices trends. As you can see a centralized Dpo is ploted with barsback *actual is shown behing actual price timeline. Using timeline diferences between the two last highest or the two last lowest histogram bands can give you an aproximation of those market cycles. Dpo SMA's trends can also be use to compare actual price timeline direction in 3 ways... #-1: Is the actual price (candles) trend is against or with the dpo SMA's (convergence;divergence) ? #-2: Is the actual price trend is condensed or dispersed ( criticals values)? #-3: Does the dpo SMA's are near or far from the dpo cycle bottoms or cycle tops ? Make sure to know that this indicator isn't a trading reccomandation and may not be suited for your trading style as well that it can be badly interpreted. USE WITH CAUTIONS ! //----Coder----// R.V. //----Thanx----//
Indicador Pine Script®
por RVD-Projects
M waves Mk3 'Magical M's v1 V2 V3 So I forgot this existed so here is the Opened sourced code (pm me for older sorce code there are 600+ Saves)(pm me for other scrips course code too lazy to republish everything) Changes: Simplified and annotated code/upgraded to v4 format as always adjust before using i use this indicator combined with the other frequency one to help me identify time and direction of next move. Pair with rsi Pair with detrended tsi (have unpublished script might share later) ‘Redraw’ safe Slightly detrented(adjustable) to avoid traps quick how to use: Meant as and adjustable indicator to “tune" to personal risk/reward preference Green means buy red means sell arrow indicators for long term sell and buy Highly customizable (candles too) Check out my profile for previous versions they are less customizable but also easier to get started with similar to rsi you want to buy/sell when the indicator turns green/red and lines are as pinched as posible (the lines that are being filled). keep an eye on the other line that moves around ;) if its not matching the other 2 moving averages and the main color indicator chances are its a trap(works both ways) use the candles to help you keep your eye on the indicator when scalping (look at the original post for some color ideas)
Indicador Pine Script®
por diegogasparm
4