57 David Varadi Intermediate Oscillator (dvi or VDO)

The DV Intermediate oscillator (DVI) is a very smooth momentum oscillator that can also be used as a trend indicator. Essentially the DVI is like the DVO of intermediate oscillators and was designed to take both 1) the magnitude of returns over different time windows smoothed and 2)the stretch–or the relative number of up versus down days into account over different time windows to produce superior results.

The Varadi Oscillator (VDO) aim to reduce the influence of the trend component in oscillators. The DVO can be described as a rolling percent rank of detrended prices over a certain lookback period. The detrending process used for the calculation of the indicator is based on the simple moving average of the ratio between the closing price and median ( hl2 ) price.