Dynamo

Dynamic Momentum Oscillator (DYNAMO) by M.YALCIN In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function that adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. Dynamo Oscillator is calculated according to: Dynamo = Mc - ( MAo - O ) where: Mc = the midpoint of the oscillator MAo = a moving average of the oscillator O = the oscillator Usage: This concept can be applied to most oscillators to improve their results. This example applies it to an RSI oscillator in MetaStock: 50-(Mov(RSI(14),21,S)-RSI(14)) where: Mc = RSI's midpoint = 50 MAo = Moving average of the RSI = Mov(RSI(14),21,S O= RSI Oscillator = RSI(14) Also with this indicator, you can adjust the moving average type and RSI calculation types dynamically.

Indicator

Combo Backtest 123 Reversal & Dynamo This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. WARNING: - For purpose educate only - This script to change bars colors.

Strategy

Combo Strategy 123 Reversal & Dynamo This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. WARNING: - For purpose educate only - This script to change bars colors.

Indicator

Dynamo Strategy Backtest In July 1996 Futures magazine, E. Marshall Wall introduces the Dynamic Momentum Oscillator (Dynamo). Please refer to this article for interpretation. The Dynamo oscillator is a normalizing function which adjusts the values of a standard oscillator for trendiness by taking the difference between the value of the oscillator and a moving average of the oscillator and then subtracting that value from the oscillator midpoint. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading

Strategy

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