// Downloaded From https://www.WiseStockTrader.com /* STRUT.afl --- Don Carlson 3/7/2007 Money can generally be made when the STRUT (blue line) is moving up. Also, use the STRUT oscillator to determine Market Risk of RUT X-OverBought..18....2 Std Dev ) When STRUT reaches 12.3 Start Selling Over Bought....9....1 Std Dev ) Avg Mkt........0 ....?.?<<-- Current STRUT Over Sold.....-9...-1 Std Dev ) When STRUT reaches -13.2 Start Buying X-OverSold...-18...-2 Std Dev ) */ SetBarsRequired(100000, 100000); symb = ParamStr("Symbol", "") ; if (symb != "") SetForeign(symb); SetChartBkColor(ParamColor("Outer panel color ",colorLightGrey)); // color of outer border SetChartBkGradientFill( ParamColor("Inner panel color upper half", colorLightGrey),ParamColor("Inner panel color lower half", colorPaleBlue)); // color of inner panel SetChartOptions(0, chartShowDates, chartGridMiddle); //SetForeign("^RUT"); stoPer = 53; stoSmooth = 49; trigger = 28; Low1 = LLV(C,stoPer); High1 = HHV(C,stoPer); DStoc = (EMA(100*(Close - Low1)/(High1 - Low1),stoSmooth)); SignalLine = EMA(DStoc, trigger); histogram = Dstoc - SignalLine ; Buy = Histogram > 0.0; Sell = Histogram < 0.0; Buy = ExRem(Buy, Sell); Sell = ExRem(Sell, Buy); PlotShapes(Buy*shapeUpArrow+Sell*shapeDownArrow, IIf(Buy, colorBrightGreen, colorRed), 0, Histogram, -15); Plot(DStoc - 50, " DSTOCH - 50", colorBlue, styleNoLabel); Plot(SignalLine-50, " SIGNAL - 50", colorRed, styleNoLabel); if(SelectedValue(DStoc-50.0 > 0.0)) Plot(Histogram , " HISTO", colorTurquoise, styleNoLabel|styleHistogram); else { Plot(Histogram , " HISTO", colorPink, styleNoLabel|styleHistogram); } if(SelectedValue(Histogram > 0.0)) Title = EncodeColor(colorBlue)+ Name() + " - " + Date() + ": O: "+WriteVal(O, 1.2) + " H: "+WriteVal(H, 1.2) + " L: "+WriteVal(L, 1.2) + " C: "+WriteVal(C, 1.2) + "\n General Mkt Signal --- Ruttr --- Stochastic - 53, 49, 28 "+ "\n Money can generally be made when the STRUT (blue line) is moving up."+ "\n "+EncodeColor(colorBlue)+"DSTOCH = "+WriteVal(DStoc,1.2)+ " "+EncodeColor(colorRed)+"SIGNAL = "+WriteVal(SignalLine,1.2)+ " "+EncodeColor(colorBlue)+"HISTOGRAM = "+ WriteVal(Histogram,1.2)+" "; else { Title = EncodeColor(colorRed) + Name() + " - " + Date() + ": O: "+WriteVal(O, 1.2) + " H: "+WriteVal(H, 1.2) + " L: "+WriteVal(L, 1.2) + " C: "+WriteVal(C, 1.2) + "\n General Mkt Signal --- Ruttr --- Stochastic - 53, 49, 28 "+ "\n Money can generally be made when the STRUT (blue line) is moving up."+ "\n "+EncodeColor(colorBlue)+"DSTOCH = "+WriteVal(DStoc,1.2)+ " "+EncodeColor(colorRed)+"SIGNAL = "+WriteVal(SignalLine,1.2)+ " "+EncodeColor(colorRed)+"HISTOGRAM = "+ WriteVal(Histogram,1.2)+" "; } GraphXSpace = 5; Filter = 1; AddColumn(Close,"Close"); AddColumn(Histogram,"Histo");