Skip to main content

DTOscillator for Amibroker (AFL)

hemsvg over 15 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 2)
  • Tags:
    oscillator, amibroker

DTOscillator is developed by Robert C Miner. It is basically an imporvised version of StochRSI. The AFL given here was originally programmed(translated) by X-Trader.
This Oscillator can be used in any timeframe. Gives best results when you understand the underlying market structure and use it accordingly.
In my opinion the divergence between the Price and Oscillator gives very good results.

Screenshots

Indicator / Formula

Copy & Paste Friendly
/* DT Oscillator 
**
** AFL translation by X-Trader
** http://www.x-trader.net
**
*/

PeriodRSI= Param("PeriodRSI", 13, 1, 250, 1);
PeriodStoch=Param("PeriodStoch", 8, 1, 250, 1);
MAType=Param("MAType", 1, 1, 2, 1);
PeriodSK=Param("PeriodSK", 5, 1, 250, 1);
PeriodSD=Param("PeriodSD", 3, 1, 250, 1);
Upper=Param("Upper", 70, 50, 100, 1);
Lower=Param("Lower", 30, 0, 50, 1);


StoRSI= 100*(( RSI( PeriodRSI) - LLV( RSI( PeriodRSI ) , PeriodStoch ) ) / ( (
HHV( RSI( PeriodRSI) , PeriodStoch ) ) - LLV(RSI( PeriodRSI ), PeriodStoch ) )
);

if(MAType==1)
	{
		SK=MA(StoRSI,PeriodSK);
		SD=MA(SK,PeriodSD);
	}

if(MAType==2)
	{
		SK=EMA(StoRSI,PeriodSK);
		SD=EMA(SK,PeriodSD);
	}

Plot(SK,"DTOscSK",ParamColor( "ColorSK", colorBlue ),styleLine|styleNoLabel); 
Plot(SD,"DTOscSD",ParamColor( "ColorSD", colorBlack ),styleDashed|styleNoLabel);
Plot(0,"ZeroLine",ParamColor( "ColorZero", colorBlack ),styleLine|styleNoLabel);
Plot(Upper,"Upper",ParamColor( "ColorUpper", colorRed ),styleLine);
Plot(Lower,"Lower",ParamColor( "ColorLower", colorGreen ),styleLine);

0 comments

Leave Comment

Please login here to leave a comment.