Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
Indicator · Pine Script v4 · Own pane
Stochastic by TH
A slow stochastic oscillator in a separate pane with adjustable K, D and smoothing periods.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code15
Settings3inputs
LicenceGPL-3.0
Last update5 years ago5 Dec 2020
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
15 lines of Pine Script v4 from Stochastic by TH.txt, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
// Stochastic plus a 50 line
// Author: T0pp3rH4rl3y
study(title="Stochastic by TH", shorttitle="Stoch by TH", format=format.price, precision=2, resolution="")
periodK = input(14, title="K", minval=1)
periodD = input(3, title="D", minval=1)
smoothK = input(3, title="Smooth", minval=1)
k = sma(stoch(close, high, low, periodK), smoothK)
d = sma(k, periodD)
plot(k, title="%K", color=#0094FF)
plot(d, title="%D", color=#FF6A00)
h0 = hline(80, "Upper Band", color=#606060)
h1 = hline(20, "Lower Band", color=#606060)
h3 = hline(50, "Middle Band", color=color.gray, linestyle=hline.style_solid)
fill(h0, h1, color=#9915FF, transp=80, title="Background")
Overview
Stochastic by TH plots the smoothed percent K and its percent D average, with lines at 80, 20 and an added middle line at 50, and shades the area between 80 and 20. It has no signals, alerts or trade logic. Written in Pine version 4.
- Smoothed percent K and percent D lines
- Adjustable K, D and smoothing periods
- 80, 20 and 50 reference lines
- Shaded overbought and oversold band
Details
Published by
T0pp3rH4rl3y on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| K | int | 14 | periodK |
| D | int | 3 | periodD |
| Smooth | int | 3 | smoothK |
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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