OPEN-SOURCE SCRIPT

Peshraw strategy 1

79
//version=5
indicator("Peshraw strategy 1", overlay=false)

// --- Stochastic Settings
kPeriod = 100
dPeriod = 3
slowing = 3

k = ta.sma(ta.stoch(close, high, low, kPeriod), slowing)
d = ta.sma(k, dPeriod)

// --- Moving Average on Stochastic %K
maLength = 2
maOnK = ta.sma(k, maLength)

// --- Plot Stochastic
plot(k, color=color.blue, title="%K")
plot(d, color=color.orange, title="%D")

// --- Plot MA(2) on %K
plot(maOnK, color=color.red, title="MA(2) on %K")

// --- Levels (fix hline error)
hline(9, "Level 9", color=color.gray, linestyle=hline.style_dotted)
hline(18, "Level 18", color=color.gray, linestyle=hline.style_dotted)
hline(27, "Level 27", color=color.gray, linestyle=hline.style_dotted)
hline(36, "Level 36", color=color.gray, linestyle=hline.style_dotted)
hline(45, "Level 45", color=color.gray, linestyle=hline.style_dotted)
hline(54, "Level 54", color=color.gray, linestyle=hline.style_dotted)
hline(63, "Level 63", color=color.gray, linestyle=hline.style_dotted)
hline(72, "Level 72", color=color.gray, linestyle=hline.style_dotted)
hline(81, "Level 81", color=color.gray, linestyle=hline.style_dotted)
hline(91, "Level 91", color=color.gray, linestyle=hline.style_dotted)

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