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