Does anyone have a large collection of oscillators (works best in a trading range) that he/she put together? Maybe we could start a thread where all oscillators are gathered.

And let's go a little beyound RSI and Stochastic

It is good decision to start the thread about it.

Just come connections:

Stochastic Oscillator

http://www.forex-tsd.com/222655-post120.html

RSI indicator

Parabolic SAR indicator

MACD indicator

Laguerre indicator

But it is very good to start the thread about all Oscillators in general.

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My blog on TSD

Ok, maybe the most simple oscillator would be the price (close) - the moving average (close) over N periods.

Because if fx rates really do move around their averages, this could be a simple indication of extreme moves: if you made a probability distribution of this oscillator you could also put an exact % of chance of such a move (vis a vis its moving average).

Is this indicator available?

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tensigma.blogspot.com

actually this (price - MA oscillator) would be a real simple kind of detrending

It would be a lot like MAdistance.mq4 , but as an oscillator, and not just as text on the chart.

By editing the line
extern int MA.Method = MODE_EMA; to
extern int MA.Method = MODE_SMA; You get the difference between the price and the SMA.

The required indi is similar to the DPO, but still it's not the same because when you compare the value of the DPO with the difference between the price bars and the MA, you get a different value (for the same settings of MA offcourse)

Here is the code for what I meant to do.

It plots the difference between the price and a moving average as an oscillator. It looks very similar to an RSI...

//+------------------------------------------------------------------+
//| MApricediff.mq4 |
//| Copyright © 2008, MetaQuotes Software Corp.|
//| Forex Trading Software: Forex Trading Platform MetaTrader 4 |
//+------------------------------------------------------------------+

// indicator based MAdistance.mq4 by Tim Hyder aka Hiachiever
// http://www.forex-tsd.com/blogs/newdi...ce-itself.html

#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Black

#property indicator_level1 0

extern int MA.Period = 10;
extern int MA.Method = MODE_SMA;
extern int MA.Price = PRICE_CLOSE;
extern int MA_Shift=0;
extern bool UseTickdata = True;
double diff[];

int init()
{
IndicatorBuffers(1);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,diff);
return(0);
}


int start()
{
int MA.Shift = 1;
if(UseTickdata) MA.Shift = 0;

for( int i = Bars - IndicatorCounted() - 1; i >= MA.Shift; i-- )
{
double MA = iMA(Symbol(),Period(),MA.Period, 0, MA.Method, MA.Price, i);
diff[ i ] = (Close[i] - MA)/Point;
}
return(0);
}

__________________
tensigma.blogspot.com

This is far away from RSI calculation. This indicator its doing just what you said on previous post.

You said: Ok, maybe the most simple oscillator would be the price (close) - the moving average (close) over N periods.

So, set MACD to Fast 1 on and Slow to what you like. Signal to 1. And you have it.

Btw:

RSI = 100-(100/(1+U/D))
Where:
U — is the average number of positive price changes;
D — is the average number of negative price changes.

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Multi_Oscillator by cja is on this thread: Multi_Oscillator

maybe you can try this stoc RSI indicator

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Forex Indicators Collection

Attached Files

StocRSI 2.mq4 (3.7 KB, 44 views)