Get started
INVITE-ONLY SCRIPT

DiNapoli Detrended Oscillator (DOSC)

By gliderfund
Updated
DiNapoli Detrended Oscillator (DOSC) is a custom indicator used for identifying OverBought (OB) and OverSold (OS) condition in markets.

This version of the indicator includes the following features:
  • Show/Hide the Oscillation Lines
  • Set Custom Oscillation Periods
  • Adapt OB/OS Factor Ratio to each Market
  • Show OB/OS Levels
  • Show Preceding OB/OS Cloud
  • Highlight OB/OS Condition in the Line
  • Show the Zero Line
  • Show Divergences (experimental)


For convenience it also includes Custom Alerts. Now it is possible to get alerts on:
  • OverBought Condition
  • Entering OverBought Condition
  • Exiting OverBought Condition
  • OverSold Condition
  • Entering OverSold Condition
  • Exiting OverSold Condition
  • Oscillator Cross
  • Bullish DOSC Strength
  • Bearish DOSC Strength
  • Possible Regular Divergence
  • Possible Regular Bullish Divergence
  • Possible Regular Bearish Divergence


This indicator is meant to be used by professional traders.
If you would like to subscribe, please send me a private message.
Release Notes
  • Added the possibility to customize the lookback period to better adapt to high/low volatilie markets.
  • Set default OB/OS triggers at 80%
Release Notes
Style fix
Release Notes
  • Improved method to calculate OB/OS states.
  • Detrended Parameters are now fully open for customization.
  • Overbought and Oversold trigger lines can be adjusted in percentage terms (i.e. 80%, 100% or 110%).
  • Ability to plot the Oscillator in multiple timeframes.
  • Divergences got improved.
  • Improved Volatility information along with the oscillator.
  • Simpler and more organized Input Tab.
  • Added informative tooltips to the main parameters.
  • Internal code updates.
Release Notes
  • To avoid misreadings when plotting the indicator from a custom timeframe, the label automatically gets displayed informing about that fact. This feature can be deactivated by unchecking the field "Force Label on Custom Timeframe".
  • All colors are customizable through the Input Tab, including lines, labels and text colors.
  • Input Tab reorganization.
Release Notes
Minor improvement at the internal mechanics
Detrended Price Oscillator (DPO)dinapolidoscoverboughtoversold

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact gliderfund for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

″If you'd like to subscribe to this indicator, please send me a Private Message.

Want to use this script on a chart?

Warning: please read before requesting access.
gliderfund
I develop indicators meant to be useful, profitable and good looking.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.