As per my knowing,stochastic have zero (0) as middle line and then plus some value is up and minus some value is down trend,as shown in picturewinner246 wrote:HELLO MLADEN and MR TOOLS,
Please kindly assist to create this HISTO Version of Stochastic oscillator ;
INDICATOR INPUTS ;
% k period = 300 ; % D period = 1 ; SLOWING = 1 ; PRICE FIELD = LOW/HIGH ; MA METHOD = LWMA ;
LEVELS = 0 - 100 ; COLORS ; LAWNGREEN, RED ,AND YELLOW
SIGNAL RULES ;
1.IF STOCH IS ABOVE A SELECTED LEVEL,e.g. ABOVE LEVEL 80 ,then the HISTO would show color LAWNGREEN
2.IF STOCH is BELOW a SELECTED LEVEL,e.g. BELOW LEVEL 20, then the HISTO would show color RED
3.IF STOCH is NEITHER ABOVE 80 OR BELOW 20 the HISTO would show YELLOW
MANY THANKS FOR YOUR KIND SERVICES.
StochHistogram + arrows + alerts mtf 1_1
