The KaseCD is a sensitive, second derivative indicator, the derivative of the PeakOscillator. It is calculated in the same way as the MACD histogram is calculated from a moving average oscillator. That is, it is the difference between the PeakOscillator and the average of the PeakOscillator, where the MACD is the difference between an exponential moving average oscillator and its average. However, because its basis is statistical, it generates cleaner crossover signals and more reliable divergences.




Kase CD

Per1:=Input("max length",1,100,8);
RWH:=(H-Ref(L,-Per1))/(ATR(Per1)*Sqrt(Per1));
RWL:=(Ref(H,-Per1)-L)/(ATR(Per1)*Sqrt(Per1));
Pk:=Mov(Mov((RWH-RWL),3,W),3,S);
KCD:=PK-Mov(PK,8,S);
MN:=Mov(KCD,Per1,S);
SD:=Stdev(KCD,Per1);
Val1:=If(MN+(1.33*SD)>2.08,MN+(1.33*SD),2.08);
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(KCD,-1)>=0 AND KCD>0,Val1,If(Ref(KCD,-1)<=0 AND
KCD<0,Val2,0));
Red:=If(Ref(KCD,-1)>KCD,KCD,0);
Green:=If(KCD>Ref(KCD,-1),KCD,0);
Red;Green;LN;