Modified Stochastic Overbought Oversold Zone - aflcode.com | Latest collection of Amibroker afl 2023

Modified Stochastic Overbought Oversold Zone

//www.aflcode.com
_SECTION_BEGIN("%K Cloud");
pk = Param("Periods", 15, 2, 100, 1 ); 
Ksmooth = Param( "%K Avg", 3, 1, 200, 1 );
//Plot( StochK( pk, Ksmooth), _DEFAULT_NAME(), ParamColor( “Color”, colorBrightGreen ), ParamStyle(“Style”) );
_SECTION_END();

_SECTION_BEGIN("%D Cloud");
pd = Param("Periods", 15, 2, 100, 1 ); 
Ksmooth = Param( "%K Avg", 3, 1, 200, 1 );
Dsmooth = Param( "%D Avg", 3, 1, 200, 1 );
//Plot( StochD( pd, Ksmooth, DSmooth ), _DEFAULT_NAME(), ParamColor( “Color”, colorRed ), ParamStyle(“Style”) );
_SECTION_END();

PlotOHLC( StochK(),StochK(),StochD(),StochK(),"", IIf( StochK()> StochD(), colorBrightGreen, colorRed ), styleCloud);

Overbought= 80;
Oversold= 20;
Plot(Overbought,"OB",colorRed);
Plot(Oversold,"OS",colorGreen); 

a = StochK( pk );
b = StochD( pd );
Buy = Cross( a, b );
Sell = Cross( b, a );
PlotShapes( shapeSmallCircle * Buy + shapeSmallCircle * Sell, IIf( Buy, colorYellow, colorWhite ) );

_SECTION_END();