PROTECTED SOURCE SCRIPT
已更新 Detrended Price Oscillator
THIS IS THE INDICATOR VERSION
What is DPO?
A detrended price oscillator is an oscillator that strips out price trends in an effort to estimate the length of price cycles from peak to peak or trough to trough. Unlike other oscillators, such as the stochastic or moving average convergence divergence (MACD), the DPO is not a momentum indicator. It highlights peaks and troughs in price, which are used to estimate buy and sell points in line with the historical cycle.
(From Investopedia)
Indicator features:
Responds faster to trend changes than the original code.
Added alternative smoothing algorithms. Defaults to Ehler's Optimum Elliptic filter instead of the orginal SMA
IPOCS - can start printing out data at day 1 instead of waiting for 14 or 20 bars
Dynamic colors
Auto timeframe detection to adjust period/length
How to use:
Buy above zero
Sell below zero
Who is it for?
Long term investors - this is the perfect indicator for those who buy and hold
Timeframe usage:
Works best on the weekly and monthly chart. Again, this is an indicator for long term trades, not day trading
What is DPO?
A detrended price oscillator is an oscillator that strips out price trends in an effort to estimate the length of price cycles from peak to peak or trough to trough. Unlike other oscillators, such as the stochastic or moving average convergence divergence (MACD), the DPO is not a momentum indicator. It highlights peaks and troughs in price, which are used to estimate buy and sell points in line with the historical cycle.
(From Investopedia)
Indicator features:
Responds faster to trend changes than the original code.
Added alternative smoothing algorithms. Defaults to Ehler's Optimum Elliptic filter instead of the orginal SMA
IPOCS - can start printing out data at day 1 instead of waiting for 14 or 20 bars
Dynamic colors
Auto timeframe detection to adjust period/length
How to use:
Buy above zero
Sell below zero
Who is it for?
Long term investors - this is the perfect indicator for those who buy and hold
Timeframe usage:
Works best on the weekly and monthly chart. Again, this is an indicator for long term trades, not day trading
版本注释
refactored some functions to be compatible with recent Pinescript version受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。