DiNapoli Detrended Oscillator Strategy
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 02/04/2015 // DiNapoli Detrended Oscillator Strategy //////////////////////////////////////////////////////////// study(title="DiNapoli Detrended Oscillator Strategy") Length = input(14, minval=1) Trigger = input(0) hline(Trigger, color=gray, linestyle=line) xSMA = sma(close, Length) nRes = close - xSMA pos = iff(nRes > Trigger, 1, iff(nRes <= Trigger, -1, nz(pos[1], 0))) plot(nRes, color=blue, title="DiNapoli") barcolor(pos == -1 ? red: pos == 1 ? green : blue )