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#1 Selling Amibroker Plugin featuring:
STOCH COLORED for Amibroker (AFL)
This Indicator shows Stochastics in Color form
So that it would become easy to identify the most
Overbought and Oversold Zone
http://intermarketanalyzer.blogspot.com/
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Indicator / Formula
_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", colorBlue ), ParamStyle("StyleK") );
PlotShapes(IIf(Sell, shapeHollowDownArrow , shapeNone), colorRed);
PlotShapes(IIf(Buy, shapeHollowUpArrow , shapeNone), colorGreen);
Plot(Overbought,"Overbought Level",colorRed);
Plot(Oversold,"Oversold Level",colorGreen);
PlotOHLC( myStochK,myStochK,50,myStochK, "", colorAqua, styleCloud | styleClipMinMax, 20, 80 );
PlotOHLC( myStochD,myStochD,50,myStochD, "", colorPink, styleCloud | styleClipMinMax, 20, 80 );
PlotOHLC( Null,myStochD,myStochK,Null, "", colorLightGrey, styleCloud);
_SECTION_END();0 comments
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