4 Time Frame ZeroLag Stoch
I'm not sure if any coder did this before but here it is.
This indicator is
useful for coders because there's a standalone
iZeroLagStoch function.
Code: Select all
//-------------------------------------------------------------------
// ZeroLag Stochastic function - self-contained, no iCustom dependency
// mode: 0 = Main line (ZeroLag %K), 1 = Signal line (ZeroLag %D)
//-------------------------------------------------------------------
double iZeroLagStoch(const string symbol, int timeframe, int kperiod, int slowing, int dperiod, int mode, int index)
{
int n, s;
double sum, ema;
// Need enough history for the full chain of smoothing
int depth = kperiod + slowing*2 + dperiod*2 + 5;
// Step 1: Compute raw %K for enough bars
double rawK[];
ArrayResize(rawK, depth);
for (n = 0; n < depth; n++)
{
int shift = index + n;
double hi = iHigh(symbol, timeframe, iHighest(symbol, timeframe, MODE_HIGH, kperiod, shift));
double lo = iLow (symbol, timeframe, iLowest (symbol, timeframe, MODE_LOW, kperiod, shift));
if (hi != lo)
rawK[n] = 100.0 * (iClose(symbol, timeframe, shift) - lo) / (hi - lo);
else
rawK[n] = 0;
}
// Step 2: SMA of rawK (Slowing) => smoothK
int smoothLen = depth - slowing + 1;
double smoothK[];
ArrayResize(smoothK, smoothLen);
for (n = 0; n < smoothLen; n++)
{
sum = 0;
for (s = 0; s < slowing; s++)
sum += rawK[n + s];
smoothK[n] = sum / slowing;
}
// Step 3: ZeroLag Main = 2*smoothK - SMA(smoothK, slowing)
int mainLen = smoothLen - slowing + 1;
double mainLine[];
ArrayResize(mainLine, mainLen);
for (n = 0; n < mainLen; n++)
{
sum = 0;
for (s = 0; s < slowing; s++)
sum += smoothK[n + s];
ema = sum / slowing;
mainLine[n] = smoothK[n] + smoothK[n] - ema;
}
if (mode == 0)
return(mainLine[0]); // Main line at requested index
// Step 4: SMA of mainLine (DPeriod) => smoothD
int smoothDLen = mainLen - dperiod + 1;
double smoothD[];
ArrayResize(smoothD, smoothDLen);
for (n = 0; n < smoothDLen; n++)
{
sum = 0;
for (s = 0; s < dperiod; s++)
sum += mainLine[n + s];
smoothD[n] = sum / dperiod;
}
// Step 5: ZeroLag Signal = 2*smoothD - SMA(smoothD, dperiod)
int sigLen = smoothDLen - dperiod + 1;
if (sigLen < 1) return(0);
sum = 0;
for (s = 0; s < dperiod; s++)
sum += smoothD[s];
ema = sum / dperiod;
return(smoothD[0] + smoothD[0] - ema); // Signal line at requested index
}
//-------------------------------------------------------------------