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- 2016.10.27 16:21
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- 2016.11.22 07:32
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Stochastic RSI (sometimes and by some sellers and traders) called DTOSC (dynamic trend oscillator). It is basically a stochastic of rsi.
This version has 6 sub-types it is actually calculating:
Depending on parameters (stochastic 1, stochastic 2 and smoothing) it is :
- (x,x,x) a simple RSI
- (x,x,n) a smoothed RSI
- (n,x,x) or (x,n,x) stochastic RSI in its "classical" way
- (n,x,n) or (x,n,n) smoothed stochastic RSI
- (n,n,x) double stochastic RSI
- (n,n,n) smoothed double stochastic RSI
x -> parameter is less than or equal to 1
n -> parameter is greater than 1
Overbought and oversold zones are marked for easier levels crossings as an aid in decision taking. All the six sub-types should be used following the rules that are usually applied for stochastic and rsi (stochastic being a kind of a "trend" indicator and rsi being a kind of a "momentum" indicator, the combination migh avoid the basic rules, but you shall find out that it is not so dificult to use those two combined rules together)
![Lnx CCI](https://c.mql5.com/i/code/indicator.png)
The version of well known Woodies CCI with correct implementation of trend changing rules
![BB MACD](https://c.mql5.com/i/code/indicator.png)
BB MACD is a MACD indicator variation with an addition of Bollinger bands
![Pivot Points](https://c.mql5.com/i/code/indicator.png)
Pivot Point indicator with an addition of 4 ways of calculating pivot points.
![Round Price](https://c.mql5.com/i/code/indicator.png)
A variation on the T3 theme that was made as a sort of envelopes using T3 for basic value.