Help with conversion of Pinescipt code

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08/22/2022 at 3:55 PM #199405 quote

denmar
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Veteran

Hi

Could someone please help with the conversion of the second line of code ….. I can convert the first line

rsi14 = rsi(src, 14)
// => rsi14 = RSI[14](close)
k14 = sma(stoch(rsi14, rsi14, rsi14, 14), smoothK1)

Thanks Denmar

08/22/2022 at 3:57 PM #199406 quote

denmar
Participant

Veteran

.oops .sorry … smoothK1 is just a value

08/22/2022 at 5:38 PM #199421 quote

JS
Participant

Senior

I think this is the right conversion:

smoothK1 = 5

rsi14 = RSI[14](close)

xStoch = 100 * (rsi14 – Lowest[14](rsi14)) / (Highest[14](rsi14) – Lowest[14](rsi14))

k14 = Average[smoothK1](xStoch)

Return k14

08/22/2022 at 10:34 PM #199438 quote

JS
Participant

Senior

A little explanation:

In TradingView / PineScript, the Stochastic is a built-in formula that is calculated with:

Stoch = 100 * (Close – Lowest (Low, Length)) / (Highest(High, Length) – Lowest(Low, Length)

De syntax is: Stoch (source, high, low, length)

As you can see, the original script uses Stoch (rsi14, rsi14, rsi14, 14)

So the source = rsi14, the high of rsi14, the low of rsi14, length = 14

xStoch = 100 * (rsi14 – Lowest[14](rsi14)) / (Highest[14](rsi14) – Lowest[14](rsi14))

denmar thanked this post

08/23/2022 at 7:56 AM #199448 quote

denmar
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Thank you so much.
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Help with conversion of Pinescipt code

ProBuilder: Indicators & Custom Tools

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denmar @denmar Participant

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This topic contains 4 replies,
has 2 voices, and was last updated by denmar
3 years, 5 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	08/22/2022
Status:	Active
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