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User Friendly Stochastic Overbought Oversold System

User Friendly Stochastic Overbought Oversold System
User Friendly Stochastic Overbought Oversold System
//www.aflcode.com

Periods = Param( "Periods", 8, 5, 55, 1 );
KSmoothing = Param( "%K Smoothing", 3, 1, 55, 1 );
DSmoothing = Param( "%D Smoothing", 3, 1, 55, 1 );

//--------------------------------------------------------------------------------

KLine = ( Sum( ( Close - LLV( Close, Periods ) ), KSmoothing ) / Sum( ( HHV( Close, Periods ) - LLV( Close, Periods ) ), KSmoothing ) ) * 100;
KLine = MA( KLine, KSmoothing );
DLine = MA( KLine, DSmoothing );

//--------------------------------------------------------------------------------
// Plot Graph
//--------------------------------------------------------------------------------

GraphXSpace = 2;
Title = Name() + " - Stochastic " + WriteVal( Periods, 1.0 ) + "," + WriteVal( KSmoothing , 1.0 ) + "," + WriteVal( DSmoothing , 1.0 );
Plot( KLine, "%K", colorRed, styleLine );
Plot( DLine, "%D", colorBlue, styleLine );
Plot (20,"", 12);
Plot (80,"",colorDarkGreen);

//--------------------------------------------------------------------------------
// End of AFL Code
//--------------------------------------------------------------------------------
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