Derivative Oscillator (DOSC)

Constance Brown’s histogram of a double smoothed RSI: the RSI is filtered through two EMAs and the plotted value is its distance from a simple moving average signal line — the MACD construction applied to the RSI. Readings above zero signal bullish momentum, below zero bearish momentum, and divergences from price warn of exhaustion.

Live Demo

Pick a market regime to see how DOSC(29) reacts:

Usage

import {DerivativeOscillator} from 'trading-signals';
 
// DerivativeOscillator yields results once 29 inputs have been added
const derivativeOscillator = new DerivativeOscillator();