// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Stochastic (Generic)"); //Create Stochastics line and histogram charts with variable parameters according to the following formula; //100 * (C - Y) / (X - Y) //Where: //C = Close //X = the Highest High value ( HHV ) over some period of time ( Len1 OR in this case 70 bars ) //Y = the Lowest Low value ( LLV ) over some period of time ( Len1 OR in this case 70 bars ) //Set the parameters Len1 = Param("Slow",70,1,100,1); Len2 = Param("Fast",45,1,100,1); Len3 = Param("trigger",9,1,50,1); //Do the Math HH = HHV(C, Len1); LL = LLV(C, Len1); FastK = 100 * (C - LL) / (HH - LL); SlowK = EMA(FastK, Len2); SlowD = EMA(SlowK, Len3); Diff = SlowK - SlowD; //Display your work Plot(SlowK, "SlowK "+Len1, colorBlue, styleThick | styleOwnScale, 0, 100); Plot(SlowD, " SlowD "+Len2, colorWhite, styleThick | styleOwnScale, 0, 100); Plot(Diff, " SlowK - SlowD "+Len3, IIf(Diff > Ref(Diff, -1), colorBrightGreen, colorRed), styleArea | styleOwnScale, -10, 10); _SECTION_END(); //Create statements for use in the Automatic Analyzer //Optimize parameters Len1 = Optimize( "Slow",20, 1, 100, 2 ); Len2 = Optimize("Fast", 40, 1, 100, 2 ); Len3 = Optimize( "Trigger", 3, 1, 50, 2 ); //Create Buy/Sell statements Buy = Cross(SlowK, slowD); Sell = Cross(SlowK, SlowD);