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Unbounded Stochastic for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, oscillator
The Unbounded Stochastic values are allowed to go outside the 0 to 100 boundaries imposed by the standard stochastic indicator.
The unbounded option makes it easy to spot strong breakouts with values below 0 or above 100.
reference:
https://www.linnsoft.com/techind/stochastics
Screenshots
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 | periods=Param("Periods",15,1,200,1);Kusmooth=Param("%Kuavg",3,1,200,1);Dusmooth=Param("%Duavg",3,1,200,1);HH=HHV(Ref(H,-1),Periods);LL=LLV(Ref(L,-1),Periods);Raw=Nz(100*(C-LL)/(HH-LL),null);SlowKu=MA(Raw,Kusmooth);SlowDu=MA(SlowKu,Dusmooth);Plot(SlowKu,_DEFAULT_NAME(),ParamColor("KuColor",colorCycle),ParamStyle("KuStyle"));Plot(SlowDu,_DEFAULT_NAME(),ParamColor("DuColor",colorCycle),ParamStyle("DuStyle"));PlotGrid(80,colorRed);PlotGrid(50,colorLightGrey);PlotGrid(20,colorLightGrey); |
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