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STOCANDKELTER

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kalwaraakash
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0% found this document useful (0 votes)
19 views2 pages

STOCANDKELTER

Uploaded by

kalwaraakash
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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instrument { name = "Ketlner Channel & Stochastic", overlay = true }

period = input (20, "front.period", input.integer, 1)


shift = input (3, "front.newind.offset", input.double, 0.01, 300, 0.01)
fn = input (averages.ema, "front.newind.average", input.string_selection,
averages.titles)
source = input (1, "front.ind.source", input.string_selection, inputs.titles)
input_group {
"front.top line",
upper_line_visible = input { default = true, type = input.plot_visibility },
upper_line_color = input { default = "#21B190", type = input.color },
upper_line_width = input { default = 1, type = input.line_width }
}
input_group {
"front.middle line",
middle_line_visible = input { default = true, type = input.plot_visibility },
middle_line_color = input { default = rgba(33,177,144,0.6), type =
input.color },
middle_line_width = input { default = 1, type = input.line_width }
}
input_group {
"front.bottom line",
lower_line_visible = input { default = true, type = input.plot_visibility },
lower_line_color = input { default = "#21B190", type = input.color },
lower_line_width = input { default = 1, type = input.line_width }
}
input_group {
"front.newind.adx.fill",
fill_visible = input { default = true, type = input.plot_visibility },
fill_color = input { default = rgba(33,177,144,0.08), type = input.color },
}
input_group {
"%K",
k_period = input (5, "front.period", input.integer, 1),
smooth = input (3, "front.platform.smothing", input.integer, 1),
}
input_group {
"%D",
d_period = input (3, "front.period", input.integer, 1),
}
local averageFunction = averages [fn]
local sourceSeries = inputs [source]
k = sma (stochastic (sourceSeries, k_period), smooth) * 100
d = sma (k, d_period)
middle = averageFunction (hlc3, period)
offset = rma(tr, period) * shift
h = middle + offset
l = middle - offset
short = h <= close
long = l >= close
stochUpperValue = 80
stochLowerValue = 20
shortk = k >= stochUpperValue and d >= stochUpperValue
longk = k <= stochLowerValue and d <= stochLowerValue
shortSignal = iff(((k >= stochUpperValue and d >= stochUpperValue and d >= k) and
(h <= close)), true, false)
longSignal = iff(((k <= stochLowerValue and d <= stochLowerValue and k >= d) and (l
>= close)), true, false)
plot_shape(shortSignal, "short", shape_style.triangledown, shape_size.large, 'red',
shape_location.abovebar)
plot_shape(longSignal, "long", shape_style.triangleup, shape_size.large, 'green',
shape_location.belowbar)
if fill_visible then
fill { first = h, second = l, color = fill_color }
end
if upper_line_visible then
plot (h, "h", upper_line_color, upper_line_width)
end
if lower_line_visible then
plot (l, "l", lower_line_color, lower_line_width)
end
if middle_line_visible then
plot (middle, "Middle", middle_line_color, middle_line_width)
end

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