(JS) Double Stochastic

Resolution:
I added this so you can look at the reading on any time frame.
K & D:
This is the standard K% and D% used with the Stochastic indicator - the numbers modify the length of their calculations.
Smooth:
This is the smoothing calculation, also from the normal Stochastic indicator.
Use Second Stochastic:
This adds a second Stochastic on to the chart for analysis.
K & D 2:
This is the parameters used to calculate the second K% and D% lines.
Smooth 2:
This is the smoothing interval for the second K% and D% lines.
Use K% and D%:
The default for this is to have it on. What it means is that you wish to see both the K% and D% lines (watching for a cross). If you turn this off, the plot switches to a K% & D% difference line. It is just one line that plots the distance between the two.
SMA Length Using Difference:
If this is on, then you can smooth the difference plot with an SMA, obviously if you just want the raw difference to plot, then set this to 1.
Use RSI:
Since both RSI and Stochastic use a 0-100 scale, I added the ability to plot the RSI along with the Stochastic. This will not plot if you are using the Difference plot, being that plot isn't on a 0-100 scale.
Smooth RSI:
I also added the ability to smooth the RSI if you'd like, you can turn this off for the standard RSI reading.
RSI Length:
This is the period of bars used to calculate the RSI.
RSI Smoothing Length:
This is the smoothing interval if you'd like to apply a moving average on the regular RSI reading.
RSI Smoothing Use EMA:
This makes the RSI smoothing use an EMA, when off an SMA is used instead.
RSI Source:
And finally, this is the source used to calculate the RSI value.
I hope that you all may find this useful, I have been using it myself with a lot of success. Any questions, please leave them in the comments, thanks!
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.