View Download Details

Categories

Show

Derivative Oscillator

Exported using NT Version 7.0.1000.7

Constance Brown's Derivative Oscillator was published in her book "Technical Analysis for the Trading Professional".

The oscillator uses a 14-period RSI. The RSI is then double smoothed with exponential moving averages. The default settings for the smoothing periods are 5 and 3.

In a second step a signal line is generated from the smoothed RSI by calculating a simple moving average with a period of 9.

The Derivative Oscillator is calculated as the difference between the smoothed RSI and the signal line and displayed as histogram.

Category NinjaTrader 7 Indicators

Details: Derivative Oscillator
Category: NinjaTrader 7 Indicators

May 2nd, 2011
Size: 8.11 KB
Downloaded: 1156 times

Keywords: derivative oscillator rsi

Comments/ratings

cory May 3rd, 2011 09:41 PM

good indicator to pick up divergence signals.

creasy May 4th, 2011 11:25 PM

No Comment

maumau May 29th, 2011 04:45 PM

No Comment

bearman12 September 23rd, 2011 09:03 PM

try this with jeff's tsi, amazing!

Jura February 7th, 2012 01:01 AM

Thanks FatTails.

dilbert618 December 4th, 2012 03:44 PM

Thank you Fat Tails

romus November 9th, 2013 05:33 AM

No Comment

landau September 29th, 2015 08:00 PM

Well done

romus April 12th, 2017 11:20 PM

Thank you

romus June 30th, 2017 09:31 AM

Thanx!