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Stochastic for Amibroker (AFL)

Rating:
3 / 5 (Votes 6)
Tags:
oscillator, trading system, amibroker

this formula work seem like rsi but it shows risk zone & simple zone

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Stochastic");

periods = Param( "Periods", 15, 1, 200, 1 );
Ksmooth = Param( "%K avg", 3, 1, 200, 1 );
Dsmooth = Param( "%D avg", 3, 1, 200, 1 );
myStochD=StochD( periods , Ksmooth, DSmooth );
myStochK=StochK( periods , Ksmooth);
Overbought=80;
Oversold=20;

Buy = Cross(myStochK, myStochD );
Sell = Cross( myStochD, myStochK );

Plot( myStochD, "Stochastic %D"+_PARAM_VALUES(), ParamColor( "ColorD", colorRed ), ParamStyle("StyleD") );
Plot( myStochK, "Stochastic %K", ParamColor( "ColorK", colorGreen ), ParamStyle("StyleK") );

PlotShapes(IIf(Sell, shapeHollowDownArrow , shapeNone), colorRed);
PlotShapes(IIf(Buy, shapeHollowUpArrow , shapeNone), colorBlue);

Plot(Overbought,"Overbought Level",colorRed);
Plot(Oversold,"Oversold Level",colorGreen); 


PlotOHLC( myStochK,myStochK,50,myStochK, "", colorRed, styleCloud | styleClipMinMax, 20, 80 );
PlotOHLC( myStochD,myStochD,50,myStochD, "", colorYellow, styleCloud | styleClipMinMax, 20, 80 );

PlotOHLC( Null,myStochD,myStochK,Null, "", colorBlue, styleCloud); 


_SECTION_END();

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