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Programming request – A setup that rocks – SS and DPO for BITSTAMP:BTCUSD by mellisv

Programming request – A setup that rocks – SS and DPO

Bitcoin / U.S. dollar BITSTAMP:BTCUSD


Programming request - A setup that rocks - SS and DPO for BITSTAMP:BTCUSD by mellisv

I am using the Slow Stochastic (SS) in combination with the Detrended Price Oscillator ( DPO ) on my equities trading platform to identify reversal entry points in which the price moves are significant. With settings tweaked, it’s exceptional.

I’d like to see if there is a programmer out there who could create a DPO with a source being the MACD signal line and period settings from 1-14(min). Here is how the indicator reads “Signal Line( MACD (14,26,7),7, modern)”. I have my MACD set at 14,26,7 and as I change it, the DPO indicator picks up on the change so (14,26,7) changes.

Here is the use magic – I place the SS indicator over the DPO indicator on screen. The higher the DPO goes, meaning the closer it gets to the SS low (usually below 20.00), the greater the probable price move up on the forthcoming reversal. My entry trigger is the MACD crossing unless I feel risk-on, in which case I enter on the SS crossing which tends to lead.

If I were to be a short seller I would either read the SS and DPO positions as inverse or simply place the DPO indicator over the SS on screen. If the programmer could include an button to mirror the DPO it would serve both long and short traders.

My equities platform does not include crypto so having this in TradingView would dramatically improve my crypto entries and gains.

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