Stochastic Height Lwr Indicator

J007RMC

J007RMC

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2019 Donor
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This is kind of a neat study a lower indicator that track v=multiple stochastic lengths to show probable stochastic highs and lows.



Code:
# Stochastic Squad
# Multiple lenght Stochastic Study
# Mobius
# V01.01.28.2019
# Look for areas where all stochastic lengths agree for entries and exits.

declare lower;

input n = 3;
input n2 = 5;
input n3 = 8;
input n4 = 13;
input n5 = 21;
input n6 = 34;
input n7 = 55;
input n8 = 89;
input n9 = 144;

script stoch
    {
     input n = 10;
     def h = Highest(high, n);
     def l = Lowest(low, n);
     def c = close;
     def s = (c - l) / (h - l);
     def hh = if s crosses above .5
              then high
              else if s > .5 and high > hh[1]
                   then high
                   else hh[1];
     def ll = if s crosses below .5
              then low
              else if s < .5 and low < ll[1]
                   then low
                   else ll[1];
     plot FastK = (c - ll) / (hh - ll);
    }
plot s1 = stoch(n);
     s1.SetDefaultColor(Color.Gray);
     s1.hideBubble();
     s1.hideTitle();
plot s2 = stoch(n2);
     s2.SetDefaultColor(Color.Gray);
     s2.hideBubble();
     s2.hideTitle();
plot s3 = stoch(n3);
     s3.SetDefaultColor(Color.Gray);
     s3.hideBubble();
     s3.hideTitle();
plot s4 = stoch(n4);
     s4.SetDefaultColor(Color.Gray);
     s4.hideBubble();
     s4.hideTitle();
plot s5 = stoch(n5);
     s5.SetDefaultColor(Color.Gray);
     s5.hideBubble();
     s5.hideTitle();
plot s6 = stoch(n6);
     s6.SetDefaultColor(Color.Gray);
     s6.hideBubble();
     s6.hideTitle();
plot s7 = stoch(n7);
     s7.SetDefaultColor(Color.Gray);
     s7.hideBubble();
     s7.hideTitle();
plot s8 = stoch(n8);
     s8.SetDefaultColor(Color.Gray);
     s8.hideBubble();
     s8.hideTitle();
plot s9 = stoch(n9);
     s9.SetDefaultColor(Color.Gray);
     s9.hideBubble();
     s9.hideTitle();
addCloud(1, s9, color.light_red, color.light_red);
addCloud(1, s8, color.light_red, color.light_red);
addCloud(1, s7, color.light_red, color.light_red);
addCloud(1, s6, color.light_red, color.light_red);
addCloud(1, s5, color.light_red, color.light_red);
addCloud(1, s4, color.light_red, color.light_red);
addCloud(1, s3, color.light_red, color.light_red);
addCloud(1, s2, color.light_red, color.light_red);
addCloud(1, s1, color.light_red, color.light_red);
addCloud(0, s2, color.light_green, color.dark_green);
addCloud(0, s3, color.light_green, color.dark_green);
addCloud(0, s4, color.light_green, color.dark_green);
addCloud(0, s5, color.light_green, color.dark_green);
addCloud(0, s6, color.light_green, color.dark_green);
addCloud(0, s7, color.light_green, color.dark_green);
addCloud(0, s8, color.light_green, color.dark_green);
addCloud(0, s9, color.light_green, color.dark_green);
# End Code Stochastic Squad
 
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