OPEN-SOURCE SCRIPT
업데이트됨

Detrended Price Oscillator with projected SMA

7 518
Haven'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----//
릴리즈 노트
AutoSMA above or below 0 color change

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.