https://s3-us-west-2.amazonaws.com/secure.notion-static.com/06843088-3ed6-4c08-b229-93f6c90d7ccd/Untitled.png

This is Robert C. Miner's DT Oscillator, a version of the Stochastics &

RSI

.

See his book, High Probability Trading Strategies

There are four possible parameter combinations for this indicator:

8,5,3,3 Monthly,Weekly,Daily

13,8,5,5 Weekly,Daily,H4

21,13,8,8 Daily,H4,H1

34,21,13,13 H4,H1,M15

//This is Robert C. Miner's DT Oscillator, a version of the Stochastics RSI. //See his book, High Probability Trading Strategies // There are four possible parameter combinations for this indicator: // 8,5,3,3 13,8,5,5 21,13,8,8 34,21,13,13 study(title="DT-Oscillator", shorttitle="DTOsc") source = close lengthRSI = input(8, minval=8) lengthStoch = input(5, minval=5) smoothK = input(3, minval=3) smoothD = input(3, minval=3) rsi1 = rsi(source, lengthRSI) stochRSI = stoch(rsi1,rsi1,rsi1,lengthStoch) k = sma(stochRSI,smoothK) d = sma(k, smoothD) plot(k, color=yellow) plot(d, linewidth=2,color=red) hline(75, color=red) hline(25, color=green)