StockFetcher Forums · Filter Exchange · DT Oscillator Help<< 1 2 3 4 >>Post Follow-up
Nickster8074
53 posts
msg #106785
Ignore Nickster8074
6/26/2012 8:15:57 PM

I've made a few filters on my own over the time I've been a SF member, but this particular oscillator is giving me trouble. I've seen Metastock formulas of the oscillator and that coding is way over my head. The DTosc was described best in this paragraph:

"The DTosc is basically running a stochastic through the RSI, so its an indicator of an indicator, that makes it reach the oversold area easier during corrections and pullbacks. Which for me is ideal. The DTosc that Is displayed is a moving average of the raw data, so we are achieving what is known as double smoothing of the actual data the second (slower) line of the DTosc is a moving average of the 1st moving average! In the chart below we have an 8 period RSI, through that a 5 period Stochastic is run to obtain the RAW data, we then take a 3 period moving average of that RAW data (Blue line) and then the pink line is a 3 period moving average of the blue moving average."

Sorry, no pic. The site is http://thehovistrader.wordpress.com/my-style/momentum-indicators/ about halfway down the page.

I'd figure it would start simple like StochRSI(5,8) for the raw data, then how do you make a 3 day moving average of the StochRSI indicator?

I wouldn't be running this as a filter to choose stocks, I'd be just using symlist to see SPY and QQQ. Any help would be great, I appreciate it as always.

I can also post the MetaStock data if it helps. Thanks, Nick

four
3,995 posts
msg #106786
Ignore four
modified
6/26/2012 11:13:37 PM

... how do you make a 3 day moving average of the StochRSI indicator?

--

Fetcher[

draw cema(StochRSI(5,8),3)
]



Fetcher[set{x, stochrsi(5,8) - cema(StochRSI(5,8),3)}
draw x crossed above -0.025
draw cema(StochRSI(5,8),3) < 0.25
sp500
]



Nickster8074
53 posts
msg #106792
Ignore Nickster8074
6/27/2012 8:37:55 AM

Four, I appreciate your input and we're heading in the right direction. In the first clickable filter you posted, Draw CEMA (StochRSI(5,8),3), what I need is the red line (as it appears now) and a 3 day moving average of the red line as my signal. Is that possible?

four
3,995 posts
msg #106797
Ignore four
6/27/2012 12:44:33 PM

Fetcher[
draw cema(CEMA (StochRSI(5,8),3),3)
do not draw stochrsi(5,8)
]



four
3,995 posts
msg #106798
Ignore four
6/27/2012 1:54:52 PM

weekly and daily

Fetcher[


draw weekly cema(CEMA (StochRSI(5,8),3),3)
do not draw weekly stochrsi(5,8)

draw cema(CEMA (StochRSI(5,8),3),3)
do not draw stochrsi(5,8)

]



Nickster8074
53 posts
msg #106799
Ignore Nickster8074
6/27/2012 2:00:51 PM

Four, thanks very much! This is exactly what I was looking for. I really appreciate it.

four
3,995 posts
msg #106800
Ignore four
6/27/2012 2:02:18 PM

Very welcome


Let us know how it works

springhill
74 posts
msg #108827
Ignore springhill
11/15/2012 1:05:13 PM

11/15/2012 1:03:43 PM

four,
I have been experimenting with the code you put together for Nickster back some time ago

I notice some interesting results when the weekly plot reverses.

Is it possible to break the red greem plots apart so a filter can be built to pick up when the red plot reverses direction

I was able to break apart the daily with the following

set {v1,cema(stochrsi(5,8),3) }
set {v2, cema(CEMA (StochRSI(5,8),3),3) }
draw v2 on plot v1

But, could not do so with the weekly

The plotted v1 on v2 is identical to your daily cema plots.

Thanks
Hope you are still around the forum :)

four
3,995 posts
msg #108835
Ignore four
11/15/2012 8:46:51 PM

Fetcher[
set {v1,cema(stochrsi(5,8),3) }
set {v2, cema(CEMA (StochRSI(5,8),3),3) }
draw v2 on plot v1

set {v3,weekly cema(stochrsi(5,8),3) }
set {v4, cema(weekly CEMA (StochRSI(5,8),3),3) }
draw v4 on plot v3
]



springhill
74 posts
msg #108836
Ignore springhill
modified
11/15/2012 10:16:09 PM

Hi four,
Thanks for the quick reply :)

However, the weekly plot on your original post draws out completely different than the one posted this evening.

The reversals on the first weekly plot are really quite interesting.

click to look at a sample

Fetcher[
draw weekly cema(CEMA (StochRSI(5,8),3),3)
do not draw weekly stochrsi(5,8)

draw cema(CEMA (StochRSI(5,8),3),3)
do not draw stochrsi(5,8)

set {v3,weekly cema(stochrsi(5,8),3) }
set {v4, cema(weekly CEMA (StochRSI(5,8),3),3) }
draw v4 on plot v3

symlist(ibm, apa, swk)
]



StockFetcher Forums · Filter Exchange · DT Oscillator Help<< 1 2 3 4 >>Post Follow-up

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