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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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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);0 comments
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