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RB-Stochastic Signal
October 30, 2017, 10:49 AM
Indicators
4 Comments
This indicator give trading signals depending of the crosses of overbought and oversold areas of a smoothed stochastic.
Signals are accurate and could be implemented in any other manual or automated trading systems.
//RB@72@
len=130
per=10
stoc=Stochastic[len,5](close)
nsto=0.1*(stoc-50)
ssto=exponentialaverage[per](nsto)
sssto=exponentialaverage[per](ssto)
rb=(EXP(sssto)-5)/(exp(sssto)+5)
cond1=rb<.85 and rb[1]>.85
cond2=rb>-.8 and rb[1]<-.8
compra=(cond1)*.2
venta=(cond2)*.2
return rb as "signalRB", .85 coloured(0,105,255) as "Linea SUB", .2 coloured(0,105,255) as "Linea-SUB", -.8 coloured(0,105,255) as "Linea INF", venta coloured(0,255,0) as "VENTA", compra coloured(255,0,0) as "COMPRA", 0 coloured(0,105,255) as "zero"
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Filename:
RB-Stochastic-Signal.itf
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rbstochastic-signal-1509308548cl84p.jpg
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Analista independiente y programador de indicadores.
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Comments
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8 years ago
What do you mean, the colored triangles in the middle? What signal do they give you?
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Hola. El indicador es válido para acciones en periodo diario? Gracias