// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("FastStoch FullStochK"); /*FastStoch%KFullStoch%K%D Originally Developed by George C. Lane Modified by Abdulkareem For reference, see; http://stockcharts.com/education/What/IndicatorAnalysis/indic_stochasticOscillator.html or, http://www.aspenres.com/Website/comstock/help/aspenStochastics.html Values about at OR above the Red line show overbought, AND about at OR below the Green line show oversold. where x is the first parameter, y is the second parameter and (in the case of Full stochastics), z is the third parameter. In the case of Fast and Slow Stochastics, x is typically 14 and y is usually set to 3. The formula could be plotted with three lines, Hence 14-3-3 or 14-5-3 or 14-3-5 %K (fast) %K (full) = y-day SMA of %K (fast) %D (full) = z-day SMA of %K (full) or just the usual 2 lines, %K (full) = y-day SMA of %K (fast) %D (full) = z-day SMA of %K (full) */ pds = Param("Periods",13,2,20); /*Periods */ /*pds = Optimize("pds",13,2,20,1); */ slw = Param("Slow StochK",3,1,14); ; /*Slowing for Full Stoch%K*/ /*slw = Optimize("slw",3,1,14,1); */ slwd = Param("Slow StochD",3,1,14); /*Slowing for Full Stoch%D*/ /*slwd = Optimize("slwd",3,1,14,1); */ ob = Param("Overbought",83,65,88); /*Overbought */ /*ob = Optimize("ob",83,65,88,1); */ os = Param("Oversold",24,20,50); /*Oversold */ /*os = Optimize("os",24,20,50,1); */ FSK = 100*(C-LLV(L,pds))/(HHV(H,pds)-LLV(L,pds)); // FASTSTOCHK FLSK = MA( FSK, slw ); // FULLSTOCHK FLSD = MA( FLSK, slwd ); // FULLSTOCHD MaxGraph = 6; Graph0 = FSK; Graph0Color = ParamColor("Fast K",colorGreen); Graph1 = FLSK; Graph1Color = ParamColor("Full K",colorRed); Graph2 = FLSD; Graph2Color = ParamColor("Full D",colorAqua); Graph0Style = ParamStyle("FastStoch K",styleThick,maskAll); Graph1Style = ParamStyle("FullStoch K",styleThick,maskAll); Graph2Style = ParamStyle("FullStoch D",styleThick,maskAll); Graph3 = FLSD; Graph3BarColor = IIf (Graph3 > ob, colorRed, IIf (Graph3 < os, colorBrightGreen, colorGrey40)); Graph4 = ob; Graph4Color = 4; Graph5 = os; Graph5Color = colorBrightGreen; Graph3Style =ParamStyle("BAR 1",styleHistogram | styleThick,maskHistogram ); Graph4Style = Graph5Style =1;// ParamStyle("style"); Title = Name()+" - "+FullName()+ EncodeColor(Graph0Color)+" FastStochK="+ StrFormat("%1.4g ",fsk)+EncodeColor(Graph1Color)+ " FullStochK="+StrFormat("%1.4g ",flsk)+ EncodeColor(Graph2Color)+" FullStochD="+ StrFormat("%1.4g ",flsd); whengoup = FLSD < os AND Cross(FSK,os) AND FLSK >= Ref(FLSK,-1) AND FLSD >= Ref(FLSD,-1) OR Cross(FLSD,os) AND //...next line FSK >= Ref(FSK,-1) AND FLSK >= Ref(FLSK,-1) ; whengodown = IIf(BarsSince(Cross(os,FSK))==1 AND FLSK < os ,1,0) OR Cross(os,FSK) AND FLSK < Ref(FLSK,-1) OR FLSK < ob //...next line AND FLSK > os AND FLSK <= Ref(FLSK,-1) OR FSK > ob AND FLSK > ob AND FLSD > ob AND FSK < Ref(FSK,-1) AND FLSK < Ref(FLSK,-1) //...next line AND FLSD <= Ref(FLSD,-1) OR FSK > ob AND FLSK > ob AND FLSD > ob AND Cross(ob,FLSK); Buy = whengoup; Sell = whengodown; Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy); _SECTION_END();