DiNapoli Detrended Oscillator (DOSC)

DiNapoli Detrended Oscillator (DOSC) is a custom indicator used for identifying OverBought (OB) and OverSold (OS) condition in markets.

This version of the indicator includes the following features:

Show/Hide the Oscillation Lines
Set Custom Oscillation Periods
Adapt OB/OS Factor Ratio to each Market
Show OB/OS Levels
Show Preceding OB/OS Cloud
Highlight OB/OS Condition in the Line
Show the Zero Line
Show Divergences (experimental)

For convenience it also includes Custom Alerts. Now it is possible to get alerts on:

OverBought Condition
Entering OverBought Condition
Exiting OverBought Condition
OverSold Condition
Entering OverSold Condition
Exiting OverSold Condition
Oscillator Cross
Bullish DOSC Strength
Bearish DOSC Strength
Possible Regular Divergence
Possible Regular Bullish Divergence
Possible Regular Bearish Divergence

This indicator is meant to be used by professional traders.
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版本注释

Added the possibility to customize the lookback period to better adapt to high/low volatilie markets.
Set default OB/OS triggers at 80%

版本注释

Style fix

版本注释

Improved method to calculate OB/OS states.
Detrended Parameters are now fully open for customization.
Overbought and Oversold trigger lines can be adjusted in percentage terms (i.e. 80%, 100% or 110%).
Ability to plot the Oscillator in multiple timeframes.
Divergences got improved.
Improved Volatility information along with the oscillator.
Simpler and more organized Input Tab.
Added informative tooltips to the main parameters.
Internal code updates.

版本注释

To avoid misreadings when plotting the indicator from a custom timeframe, the label automatically gets displayed informing about that fact. This feature can be deactivated by unchecking the field "Force Label on Custom Timeframe".
All colors are customizable through the Input Tab, including lines, labels and text colors.
Input Tab reorganization.

版本注释

Minor improvement at the internal mechanics

版本注释

General code upgrade to display faster and use less computing resources.
Now the Oscillator needs just a few candles to start printing values, even when the lookup period is long. That makes it suitable to display in very high time frames where there are a few candles, or in new markets with a short history.
Improved options to customize the display of the Oscillator and the Histogram.
Reorganization of the Input Tab for a more intuitive customization.
New Feature: Now divergences can print not only over the oscillator, but over the price chart too.
General cleanup to reduce the number of values being displayed near the Indicator Name and in the Data Window.