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Pivot Detector Oscillator by Giorgos E. Siligardos

From Giorgos Siligardos' article in the July 2009 Stocks & Commodities,
"The Pivot Detector Oscillator, Simplified". To create the PIDosc open Indicator Builder and create a new indicator with the following:


Pivot Detector Oscillator

{by Giorgos E. Siligardos}
sma200:=Mov(C,200,S);
bull:=C>sma200;
If(bull,(RSI(14)-35)/(85-35), (RSI(14)-20)/(70-20))*100;

 

Pivot Detector Oscillator by Giorgos E. Siligardos
 
-Giorgos Siligardos
siligardosgiorgos[at]gmail.com.
http://www.tem.uoc.gr/~siligard

 

Source / From: TOP
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