// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Stress"); function PJKStress( High2, Low2, Close2, period ) { range1 = HHV( High, period ) - LLV( Low, period ); range2 = HHV( High2, period ) - LLV( Low2, period ); stoch1 = ( Close - LLV( Low, period ) )/range1; stoch2 = ( Close2 - LLV( Low2, period ) )/range2; VarSet("sstoch1", 100 * stoch1 ); VarSet("sstoch2", 100 * stoch2 ); diff = stoch1 - stoch2; range1 = HHV( diff, period ) - LLV( diff, period ); return 100 * ( diff - LLV( diff, period ) )/range1; } Per = Param("Period", 60, 5, 100, 5); momper = Per; Hedgeper = Per; SetForeign("NIFTY"); // store index data in High2/Low2/Close2 variables High2 = High; Low2 = Low; Close2 = Close; RestorePriceArrays(); stress = PJKStress( High2, Low2, Close2, momper ); Stress_Buy_Level = Param("Buy Level", 10, 1, 49, 1) ; Stress_Sell_Level = Param("Sell Level", 50, 50, 90, 1) ; Stress_BuyWatch_Level = Stress_Buy_Level + 10; Stress_Short_Level = Param("Short Level", 90, 50, 100, 1) ; Stress_Cover_Level = Param("Cover Level", 50, 50, 89, 1) ; Stress_ShortWatch_Level = Stress_Short_Level - 10; Stress_Buy = Cross(Stress_Buy_Level, stress) ; //AND sstoch1 < 20 ; Stress_Sell = Cross(stress, Stress_Sell_Level) ; //AND sstoch1 > 80 ; Stress_buy = ExRem( Stress_buy, Stress_sell ); Stress_sell = ExRem( Stress_sell, Stress_buy ); Stress_Short = Cross(Stress, Stress_Short_Level) ; Stress_Cover = Cross(Stress_Cover_Level, Stress) ; Stress_Cover = ExRem( Stress_Cover, Stress_Short ); Stress_Short = ExRem( Stress_Short, Stress_Cover ); shape_Buy = Stress_Buy * shapeUpArrow + Stress_Sell * shapesmallsquare; //PlotShapes( shape_Buy, IIf( Stress_Buy, colorTurquoise, colorTurquoise ), 0, // IIf( Stress_Buy, Stress_Buy_Level, Stress_Sell_Level ) ); shape_Short = Stress_Short * shapeDownArrow + Stress_Cover * shapesmallsquare; //PlotShapes( shape_Short, IIf( Stress_Short, colorPink, colorPink ), 0, // IIf( Stress_Cover, Stress_Cover_Level, Stress_Short_Level ) ); //SetGradientFill( colorIndigo /*top*/, colorDarkGrey /*bottom*/, 0 /*baseline level*/, GetChartBkColor() /*baseline color */ ); //PlotOHLC( stress, stress, 0, stress , "Stress Nifty("+Per+")", colorBluegrey, styleLine | styleGradient, Null, Null, 0, 0 ); Stress_Color = IIf(Cross(stress,Stress_Short_Level), colorRed, IIf(Cross(Stress_Buy_Level,stress), colorRed,colorBlueGrey )); SetGradientFill( colorIndigo /*top*/, colorDarkGrey /*bottom*/, 0 /*baseline level*/, GetChartBkColor() /*baseline color */ ); PlotOHLC( stress, stress, 0, stress , "Stress Nifty("+Per+")", Stress_color, styleLine | styleGradient, Null, Null, 0, 0 ); //Plot( stress, "Stress Nifty("+Per+")", colorTan, ParamStyle("Style", styleGradient, maskHistogram), Null, Null, 0, 0, 1) ; //stylethick ); if (ParamToggle("Show Stoch","NO|YES",0)) { //Plot( stress, "Stress Nifty("+Per+")", colorTan, ParamStyle("Style", styleGradient, maskHistogram), Null, Null, 0, 0, 1) ; //stylethick ); Plot( sstoch1, "Stoch-"+Name(), colorGreen, Null, Null, 0, 0, 1) ; Plot( sstoch2, "Stoch-Nifty", colorGold, Null, Null, 0, 0, 1) ; } //Plot( Stress_Buy_Level, "", colorViolet, stylenolabel) ; //Plot( Stress_Sell_Level, "", colorGrey50, styleDots | stylenolabel) ; //Plot( Stress_BuyWatch_Level, "", colorViolet, styleDashed | styleNoLabel) ; //Plot( Stress_Short_Level, "", colorViolet, stylenolabel) ; //Plot( Stress_Cover_Level, "", colorgrey50, styleDots | stylenolabel) ; //Plot( Stress_ShortWatch_Level, "", colorViolet, styleDashed | styleNoLabel) ; _SECTION_END();