Constance Brown Composite Index, RSI, DOSC Exploration

auroagwei Updated   
Preliminary exploration of Constance Brown's trading style with a focus on divergence plotting with the Composite Index, RSI + Averages, and the Derivative Oscillator.

  • first, hide the price action + derivative oscillator so they're not visible, and only the RSI + CBCI are visible:

  • next, plot vertical lines where the CBCI (gray) crosses above or below it's two moving averages (sma11&33, aqua and green):

then, use the CBCI to spot divergences on the RSI, as an indicator of an indicator to spot divergences.

The CBCI was designed to have momentum + not be range bound and to work to spot divs on the RSI, as follows:

then draw the vertical lines from the crossovers on the price action/candlesticks and unhide the chart:

label/check each divergence and unhide the derivative oscillator:

then, mark on the derivative oscillator zero line crosses + directional momentum changes:

Filter out the majority of derivative oscillator zero line crosses and directional changes that occur during div periods that don't overlap:

Finally, filter derivative oscillator signals to congruence to divergence type and plot on chart:
Bearish div on the 4h Chart update:
Correction to above link for update/4H bear div:

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.