Learn R Programming
IKTrading (version 1.0)

DVO: David Varadi Oscillator

Description

Computes a percent ranking of an average of close over the sum of high and low values. The DV2 indicator uses an average period of 2.

Usage

DVO(HLC, nAvg = 2, pctLookback = 126, maType = "SMA",
    deTrend = TRUE, nDT = 126)

Arguments

HLC
an HLC time series
nAvg
the number of days over which to average ratios
pctLookback
a percent ranking lookback period
maType
a function specifying the moving average type (defaults to SMA)
deTrend
whether or not to subtract an SMA of the indicator from itself
nDT
a lookback period for computing the moving average of the indicator to subtract from the center of the indicator, and then to subtract that quantity from the main computation

Value

the DVO oscillator quantity, centered at 50

References

https://cssanalytics.wordpress.com/2011/01/11/de-trending-indicators/

http://quantingdutchman.wordpress.com/2010/08/06/dv2-indicator-for-amibroker/