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2024-01-25 04:07:49 +03:30
commit e24b73106d
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+/////////////////////////////////////////////////////////////////////////////////////
+// Last Edited: 5/19/16                                                            //    
+// Created By: nboone                                                              //
+//                                                                                 //
+// Description:                                                                    //
+// This is a basic Stochastic histogram that essentially shows when the indicator  //
+// is either above or below the 50 level. Colors can be customized to your liking. //
+// Length and smoothing factor can be adjusted as well. Defaults are 14 (Length)   //
+// and 3 (Smoothing Factor).                                                       //                
+/////////////////////////////////////////////////////////////////////////////////////
+study(title="Stochastic Histogram", shorttitle="NB_StochHist")
+length = input(14, minval=1)
+smoothK = input(3, minval=1)
+
+k = (sma(stoch(close, high, low, length), smoothK) - 50)
+c = (k > 0) ? green : (k < 0) ? red : black
+
+plot(k, style=histogram, color=c)
+plot(k, color=black)