Stochastic Oscillator Amibroker AFL

Stochastic Oscillator Amibroker AFL

Developed by George C. Lane in the late 1950s, The Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold

the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low  A technical momentum indicator that compares a security’s closing price to its price range over a given time period.

The Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals displayed as two lines. The main line is called %K. The second line, called %D, is a Moving Average of %K. The %K line is usually

Formula   Copy & Paste Friendly

_SECTION_BEGIN("BACK COLR");
_SECTION_BEGIN("PRASAD SYSTEMS");
Param("DEDICATED TO MY FATHER",5);
_SECTION_END();
GfxSetOverlayMode(1); 
SetChartBkColor( ParamColor("Chart Color", colorBlack));
GfxSetOverlayMode(1);
GfxSelectFont("Tahoma", Status("pxheight")/20 ); /* Up down name*/
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));
GfxSetBkMode(0); // transparent
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/7);
GfxSelectFont("Tahoma", Status("pxheight")/30 );
GfxTextOut( IndustryID(1), Status("pxwidth")/2, Status("pxheight")/5 );  /* Up Down Sector*/

GfxSelectFont("Tahoma", Status("pxheight")/40 );
GfxTextOut( "Feedback prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/4);
GfxSelectFont("Tahoma", Status("pxheight")/20 );
GfxTextOut( " BALKRISHNA STOCHASTICS CHARTS ", Status("pxwidth")/2, Status("pxheight")/15 );

_SECTION_END();
  
/*************** remove all above lines for Amibroker 5.00 or less than 5
  
/**************************************************
                Stochastics
***************************************************/

SP = Param( "Periods", 10, 1, 200, 1 );
Ksmooth = Param( "%K avg", 5, 1, 200, 1 );
Dsmooth = Param( "%D avg", 5, 1, 200, 1 );
StochDval = StochD( SP , Ksmooth, DSmooth );
StochKval = StochK( SP , Ksmooth);

Overbought = 80;
Oversold = 20;
  
mycolorst =IIf(Stochkval- Stochdval<0,ColorRGB(248,18,25),IIf(Stochkval- Stochdval>0,ColorRGB(51,122,51),ColorRGB(125,84,11)));
  
Plot(Stochkval- Stochdval ,"",mycolorst ,styleHistogram);
Plot( Stochkval- Stochdval, "Premier", colorWhite, styleThick );

StochBuy = Cross(StochK(SP,Ksmooth), StochD(SP,Ksmooth, DSmooth)) AND
(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND
(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);
StochSell = Cross (StochD(SP,Ksmooth, DSmooth), StochK(SP,Ksmooth)) AND
(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND
(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);
StochStrongBuy = Cross(StochK(SP,Ksmooth),StochD(SP,Ksmooth, DSmooth)) AND
(StochD(SP,Ksmooth, DSmooth) < 20) AND (StochK(SP,Ksmooth) < 20) ;
StochStrongSell = Cross (StochD(SP,Ksmooth,DSmooth), StochK(SP , Ksmooth));
(StochD(SP,Ksmooth, DSmooth) > 80) AND (StochK(SP,Ksmooth) > 80);

//****************** BULLISH / BEARISH *******************/
StochBull = StochK(SP , Ksmooth)>StochD(SP , Ksmooth, DSmooth) AND
(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND
(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);
StochBear = StochK(SP , Ksmooth)<StochD(SP , Ksmooth, DSmooth)AND
(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND
(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);
StochOB = (StochD(SP,Ksmooth, DSmooth) > 80) AND (StochK(SP,Ksmooth) > 80);
StochOS = (StochD(SP,Ksmooth, DSmooth) < 20) AND (StochK(SP,Ksmooth) < 20) ;
Title = EncodeColor(colorYellow)+  Title = Name() + "    " + EncodeColor(2) + Date()  + "    "
  
/********************STOChASTICS*********************/

+EncodeColor(colorWhite)+"Signal(Stochastics) "+EncodeColor(colorWhite)+"Period = "+"["+SP+"]"+"      %K = "+"["+Ksmooth+"]"+ "      %D = "+"["+Dsmooth+"]"+"   ::::   "
 + WriteIf(StochBuy,EncodeColor(colorBrightGreen)+"Buy",WriteIf(StochSell,EncodeColor(colorRed)+"Sell",
WriteIf(StochStrongBuy,EncodeColor(colorBrightGreen)+"Strong Buy",WriteIf(StochStrongSell,EncodeColor(colorRed)+"Strong Sell","Neutral"))))
+EncodeColor(colorWhite)+ "    " + "Stochastics Trend  = "
+WriteIf(StochBull,EncodeColor(colorBrightGreen)+"Bullish",WriteIf(StochBear,EncodeColor(colorRed)+"Bearish",
WriteIf(StochOS,EncodeColor(colorBrightGreen)+"OverSold",WriteIf(StochOB,EncodeColor(colorRed)+"OverBrought","Neutral"))));

 

Add Comment