Help with conversion of Pinescipt code

denmar · 2022-08-22T14:55:14+00:00

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

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

denmar
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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
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.oops .sorry … smoothK1 is just a value

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

JS
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Master

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
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Master

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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