7. 9. 2021

5 5

David Varadi Oscillator (DVO)

The Varadi Oscillator (VDO) is a leading indicator first proposed by David Varadi and originally aim to reduce the influence of the trend component in oscillators. The DVO can be described as a rolling percent rank of detrended prices over a certain lookback period. The detrending process used for the calculation of the indicator is based on the simple moving average of the ratio between the closing price and median ( hl2 ) price.

Source: https://www.tradingview.com/script/m5lVzOkh-Varadi-Oscillator/

 

You can set two parameters:

MAPeriod = simple moving average of the ratio between the closing price and median ( hl2 ) price.

PercentRankPeriod = rolling percent rank of detrended prices over a certain lookback period.

DVO is implemented for MT4/5, TS,MC

How to import this indicator: https://strategyquant.com/doc/programming-for-sq/import-export-custom-indicators-and-other-snippets/

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Oliver
18. 9. 2021 12:34 am

Great indicator! have you looked at timothy masters CMMA indicator?

Oliver
Reply to  clonex / Ivan Hudec
30. 9. 2021 1:29 pm

http://www.timothymasters.info/indicators.html

you can download the source code from the website link above. I purchased his book so i have it in the book as well. its in c++ so not sure how to covert for java or mql4/5

Edward
Edward
Reply to  Oliver
10. 7. 2022 8:06 pm

Have you done any more with the CMMA indicator? Just wondering if you are still interested in it, and if so, what performance characteristics make it interesting to you.

Emmanuel2
21. 9. 2021 7:56 pm

Excellent !!!!! Thank you