Stochastic and MACD Indicator Screener

• 11/29/2022 at 8:12 PM #205031
  EmiglioLiberta

  Hello,

  I am trying to build a screen for certain stochastic signals and MACD. However i am struggling to access the fast and slow stochastic programmatically.

  Please check the screenshots of the MACD and stochastic, how can I get the 3 indicators into a variable?

  Currently I have

  tuerkis= WilderAverage[??](Stochastic[14,??](close))

  1	tuerkis= WilderAverage[??](Stochastic[14,??](close))

   

  But this is only one of the two coming out of the stochastic indicator (when you plot it there are two lines). How can I access both (I need: Stochastic 14 periods, K smoothing 3, D smoothing 2, Wilders Average

  One more questions: Is it possible to programmatically draw an indicator in the right color, as bar diagramm, and group them together? (e.g. create a full settings page in one go)

  I want to have the main price window with a few MA, a secondary with stochastic, a third with MACD etc. Can I also define the colors of each? A simple

  return myindicator

  1	return myindicator

   

  does not work. .

   

  Cheers

  Emiglio

   

   

   

  

  EmiglioLiberta

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  11/30/2022 at 6:58 AM #205042
  robertogozzi

  Your code:

  tuerkis= WilderAverage[??](Stochastic[14,??](close))

  1	tuerkis= WilderAverage[??](Stochastic[14,??](close))

  computes the WilderAverage of the Stochastic indicator.
  What do you mean by “I need: Stochastic 14 periods, K smoothing 3, D smoothing 2, Wilders Average“?

  As to your last question, if you look at the many examples in the forum and in the online documentation for RETURN, COLOURED, STYLE etc… you will see how you can plot them in different colours and shapes.
  As to grouping them, you can combine many of them in one custom indicator, such as:

  StoK = Stochastic[10,3](close) StoD = Average[6](StoK) // MacdHistogram = MACD[12,26,9](close) MyColor = 1 //bullish colour from the indicator settings IF MacdHistogram < 0 THEN MyColor = -1 //bearish colour from the indicator settings ENDIF MacdSig = MACDSignal[12,26,9](close) MyMacd = MACDline[12,26,9](close) // return MacdHistogram coloured by MyColor Style(Histogram,1) AS "Macd Histogram",MacdSig coloured("Fuchsia") Style(Line,1) AS "Macd Signal",MyMacd coloured("Red") Style(DottedLine,1) AS "MACDline",StoK coloured("Green") Style(Line,1) AS "K",StoD coloured("Cyan") Style(Line,1) AS "D"

  1 2 3 4 5 6 7 8 9 10 11 12

  StoK = Stochastic[10,3](close) StoD = Average[6](StoK) // MacdHistogram = MACD[12,26,9](close) MyColor       = 1    //bullish colour from the indicator settings IF MacdHistogram < 0 THEN    MyColor    = -1   //bearish colour from the indicator settings ENDIF MacdSig       = MACDSignal[12,26,9](close) MyMacd        = MACDline[12,26,9](close) // return MacdHistogram coloured by MyColor Style(Histogram,1) AS "Macd Histogram",MacdSig coloured("Fuchsia") Style(Line,1) AS "Macd Signal",MyMacd coloured("Red") Style(DottedLine,1) AS "MACDline",StoK coloured("Green") Style(Line,1) AS "K",StoD coloured("Cyan") Style(Line,1) AS "D"

  as you will see after adding it below your chart, different indicators use different scales, so you may find that (in this case), to be able to spot the regular MACD lines, you will have to enlarge the scale quite a lot and STOCHASTIC lines will be huge!
  On the contrary, if you want to see the STOCHASTIC lines regularly, MACD lines will be very tiny!

  

  robertogozzi

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  11/30/2022 at 4:13 PM #205077
  EmiglioLiberta

  Thank you very much for the help, now I am much wiser. Sorry, I did not find the help for style and histogram.

  If you take a look at my second screenshot, I want to programmatically replicate the indicator (e.g. stochastic, 14 periods, %D = 2, %K = 2 and Wilder Average selected.

  When I try this code:

  StoK = Stochastic[14,2](close) StoD = wilderAverage[2](StoK) return StoK coloured("Green") Style(Line,1) AS "K",StoD coloured("Cyan") Style(Line,1) AS "D"

  1 2 3 4

  StoK = Stochastic[14,2](close) StoD = wilderAverage[2](StoK)   return StoK coloured("Green") Style(Line,1) AS "K",StoD coloured("Cyan") Style(Line,1) AS "D"

  it gives slightly different results. Why is that? How do I get the right indicator?

  Is it possible to create multiple indicators (in multiple sections) in one go?

  

  EmiglioLiberta

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  12/06/2022 at 7:28 PM #205325
  robertogozzi

  Indeed you have to chamge the StoK line with this one:

  StoK = WilderAverage[2](Stochastic[14,1](close))

  1	StoK = WilderAverage[2](Stochastic[14,1](close))

   

  

  robertogozzi

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