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Double Stochastic 2 EMA for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, oscillator
This is a favorite using an exponential moving average with a double stochastic derived from the work of Walter Bresssert. This oscillator filters erratic movements often seen with a stochastic.
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 | _SECTION_BEGIN("DoubleStochasticAmibroker");// Double Stochastic Exp AmibrokerPricefield = ParamField( "Price field", -1 );Periods = Param( "Periods double Stochastic", 14, 2, 250, 1 );Smooth = Param( "Smoothing double Stochastic", 7, 1, 125, 1);LevelHi = Param("Hi Line", 80, 0, 100, 1);LevelLO = Param("Low Line", 20, 0, 100, 1);ap=IIf(HHV( H, Periods) - LLV( L, Periods)==0,.0001,HHV( H, Periods) - LLV( L, Periods));A = EMA(( C-LLV( L, Periods))/ap, Smooth)*100;//Plot(HHV( H, Periods),"A", colorWhite);B = IIf((HHV( A, periods) - LLV(A, periods))!=0,(HHV( A, periods) - LLV(A, periods)),.001);DStoc = EMA((A-LLV( A, periods))/B, Smooth)*100 ; Plot(LevelHi, "Hi Line", colorBlueGrey, styleLine);Plot(LevelLo, "Low Line", colorBlueGrey, styleLine);Plot( DStoc, "Double Stochastic Exp", ParamColor( "Color", colorCycle ), ParamStyle("Style") );_SECTION_END(); |
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