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Digital trend oscillator

This indicator is based on a digital filter algorithm, which allows you to determine the likely trend change in the early stages, eliminating most of the market noise. The indicator has two boundaries for determining the overbought/oversold state, respectively. In addition, a moving average can be used as an initial price data, setting an initial period of more than 1.


Options

  • Calculation period - calculation period
  • Used price - the price used
  • Price smoothing method - a method of smoothing the source data
  • Bands period - boundary calculation period
  • Bands deviation imul - boundary line deviation multiplier
  • Bands smoothing method - a method of smoothing boundary lines
  • Deviation smoothing method - deviation smoothing method


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