OPEN-SOURCE SCRIPT
Atualizado [RS]Detrended Price Oscilator System A
DPO with modified formula for percentual values for scale ability trend line and histogram, rest i leave to you to explore..
Notas de Lançamento
A Detrended Price Oscillator is a technical analysis indicator used to analyze the price of a financial instrument. It is a type of momentum indicator that shows the relationship between two moving averages of a security's price, with the aim of identifying potential overbought and oversold conditions. The indicator is calculated by subtracting the longer-term moving average from the shorter-term moving average, and then plotting the resulting difference as a line on a chart. The idea behind the indicator is that when the line is above zero, the security's price is relatively high compared to its moving averages, and may be considered overbought. Conversely, when the line is below zero, the security's price is relatively low compared to its moving averages, and may be considered oversold.Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.