Hello,
Can anyone programm this into a double stochastics indicator ?
There is a similar DS indicator on the internet but that one is wrong. This is the only and correct formula:
This is the correct formula for the Double Stochastic 10
MovingAvgX ((((Pl - Lowest (Pl , 10)) / Deler2) * 100) , 3 , False)
where:
PL= MovingAvgX (((Close - Lowest Low (10)) / Deler) * 100 , 3 , False)
Deler= IFF (highest_minus_lowest > 0 , highest_minus_lowest , 1)
Deler2= IFF (highest_minus_lowest#2 > 0 , highest_minus_lowest#2 , 1)
Highest_minus_lowest= Highest High (10) - Lowest Low (10)
Highest_minus_lowest#2= Highest High (5) - Lowest Low (5)
I hope someone can make an indicator of it. It is a very powerfull indicator.
see weblink: http://www.plaatjesupload.nl/bekijken/1117264.html
Can anyone programm this into a double stochastics indicator ?
There is a similar DS indicator on the internet but that one is wrong. This is the only and correct formula:
This is the correct formula for the Double Stochastic 10
MovingAvgX ((((Pl - Lowest (Pl , 10)) / Deler2) * 100) , 3 , False)
where:
PL= MovingAvgX (((Close - Lowest Low (10)) / Deler) * 100 , 3 , False)
Deler= IFF (highest_minus_lowest > 0 , highest_minus_lowest , 1)
Deler2= IFF (highest_minus_lowest#2 > 0 , highest_minus_lowest#2 , 1)
Highest_minus_lowest= Highest High (10) - Lowest Low (10)
Highest_minus_lowest#2= Highest High (5) - Lowest Low (5)
I hope someone can make an indicator of it. It is a very powerfull indicator.
see weblink: http://www.plaatjesupload.nl/bekijken/1117264.html