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Difference Between Stochastic(s)

  • #1
  • First Post: Jan 28, 2020 11:15am Jan 28, 2020 11:15am
Hi everyone,

Just a simple request here. I'm wondering if anyone can make an indicator for me? If there is an indicator like this already, feel free to post it. The details are listed below.

Plot the difference between two Stochastic Indicators

First Stochastic: 14,3,3
Second Stochastic: 5,3,3

Only show the difference between the Stochastic lines, not the signal lines.

Thank you for the help,
Michael
Attached Image (click to enlarge)
Click to Enlarge Name: Stoch.png Size: 20 KB
  • #2
  • Jan 28, 2020 2:21pm Jan 28, 2020 2:21pm
Quoting MichaelLee_8
Hi everyone, Just a simple request here. I'm wondering if anyone can make an indicator for me? If there is an indicator like this already, feel free to post it. The details are listed below. Plot the difference between two Stochastic Indicators First Stochastic: 14,3,3 Second Stochastic: 5,3,3 Only show the difference between the Stochastic lines, not the signal lines. Thank you for the help, Michael {image}
Hi ML,

If I understand your request, just change the color of the signal line to "None" for each stochastic.
Perfidious Pips
  • #3
  • Jan 28, 2020 3:02pm Jan 28, 2020 3:02pm
Quoting northwind
{quote} Hi ML, If I understand your request, just change the color of the signal line to "None" for each stochastic.
Yes, that is how I have it set up on chart in the screenshot. Thanks for your interest!
  • #4
  • Jan 29, 2020 10:05am Jan 29, 2020 10:05am
I'm not sure if it will help any or not but this is related to the following thread.
https://www.forexfactory.com/showthread.php?t=973872
  • #5
  • Jan 29, 2020 10:08am Jan 29, 2020 10:08am
Quoting MichaelLee_8
Hi everyone, Just a simple request here. I'm wondering if anyone can make an indicator for me? If there is an indicator like this already, feel free to post it. The details are listed below. Plot the difference between two Stochastic Indicators First Stochastic: 14,3,3 Second Stochastic: 5,3,3 Only show the difference between the Stochastic lines, not the signal lines. Thank you for the help, Michael {image}
Michael, for clarity I think you are asking for the difference in the values of the 2 stochastic lines. What isnt clear is how you would like the indicator presented. Is it a number (the difference) on the last closed candle in the stochastics window? Or, is it a separate indicator showing the difference value as a histogram? Or is it something else?
  • #6
  • Last Post: Jan 29, 2020 10:33am Jan 29, 2020 10:33am
Quoting pakeha
{quote} Michael, for clarity I think you are asking for the difference in the values of the 2 stochastic lines. What isnt clear is how you would like the indicator presented. Is it a number (the difference) on the last closed candle in the stochastics window? Or, is it a separate indicator showing the difference value as a histogram? Or is it something else?
Yes, I am asking for the difference in the values of the 2 stochastic lines. One Stochastic is 14,3,3 and the other is 5,3,3. Signal lines are not relevant.

I believe you are correct regarding clarity on how I would like the indicator presented. I would prefer that it be a separate indicator showing the difference in value as a line. Similar to how the ATR indicator looks on a chart.
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