DT Oscilator
DT (Directional Trend) Oscillator in Amibroker gauges price momentum and direction. Leveraging the Amibroker data feed, it presents oscillations indicating potential changes or continuations in market trends.
/_SECTION_BEGIN("DT oscilator");
/* 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);
Plot(SD,"DTOscSD",ParamColor( "ColorSD", colorBlack ),styleDashed);
Plot(0,"ZeroLine",ParamColor( "ColorZero", colorBlack ),styleLine);
Plot(Upper,"Upper",ParamColor( "ColorUpper", colorRed ),styleLine);
Plot(Lower,"Lower",ParamColor( "ColorLower", colorGreen ),styleLine);
_SECTION_END();