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1 hour stoch for Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
oscillator, trading system, amibroker

Hello,

I have made a few changed to the stoch indicator so that it can produce buy sell arrows for a day trader with a one hour time frame.

Warm regards
Siddhisagar

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("stochastic 1 hourly");
TimeFrameSet(1*inHourly);
slow=StochD(5,3,3);
fast=StochK(5,3);
TimeFrameRestore();
_SECTION_END();

Buy=TimeFrameExpand(slow, 1*inHourly) < TimeFrameExpand(fast, 1*inHourly);
Sell=TimeFrameExpand(slow, 1*inHourly) > TimeFrameExpand(fast, 1*inHourly);

Plot( slow , "slow#1", colorDarkYellow, styleLine );
Plot( fast , "fast#2", colorRed, styleLine);

PlotShapes((Buy ) * shapeUpArrow, colorGreen); 
PlotShapes((Sell ) * shapeDownArrow,colorRed );

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