This strategy plots 10, 55 and 200 period exponential moving averages on the price chart and calculates a smoothed stochastic oscillator from user K, D and smoothing periods.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Solo Stochastic v1 opens a long when the K line crosses above D while K is below a fixed oversold level of 30, and closes that long when K crosses below D while above a fixed overbought level of 90. Short conditions are coded the opposite way, but shorts are disabled by default. Orders use a fixed cash amount divided by price, only between two hardcoded dates, with no stop loss.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
K Period
int
14
k_period
D Period
int
3
d_period
Smoothing
int
3
smooth
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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