Скачать или смотреть Stochastic Oscillator Strategy for TradingView | Pine Script Code Using Chatgpt Tutorial

The Stochastic Oscillator is a popular momentum indicator used in technical analysis to compare a stock’s closing price to its price range over a specific period. It helps traders identify overbought and oversold conditions in the market.
Above 80 → Overbought (Price may drop soon)
Below 20 → Oversold (Price may rise soon)
Formula:
%𝐾 = (Current Close − Lowest Low)/ (Highest High − Lowest Low) × 100

Where:
Current Close = The latest closing price.
Lowest Low = The lowest price in the selected period (usually 14 days).
Highest High = The highest price in the selected period

TradingView Pine Script (v5) code for the Stochastic Oscillator. This script will plot both the %K and %D lines on the chart.

//@version=5
indicator("Stochastic Oscillator", overlay=false)

// Inputs
length = input(14, title="Stochastic Length") // Lookback period
smoothK = input(3, title="K Smoothing") // Smoothing for %K
smoothD = input(3, title="D Smoothing") // Smoothing for %D

// Calculate Stochastic %K
lowestLow = ta.lowest(low, length)
highestHigh = ta.highest(high, length)
stochK = 100 * (close - lowestLow) / (highestHigh - lowestLow)

// Apply smoothing
smoothKValue = ta.sma(stochK, smoothK)
smoothDValue = ta.sma(smoothKValue, smoothD)

// Plot the Stochastic Oscillator
plot(smoothKValue, title="%K", color=color.blue, linewidth=2)
plot(smoothDValue, title="%D", color=color.orange, linewidth=2)

// Overbought and Oversold levels
hline(80, "Overbought", color=color.red)
hline(20, "Oversold", color=color.green)


#StochasticOscillator #TradingView #StockMarket #TechnicalAnalysis #TradingStrategy #PineScript #AlgorithmicTrading #Investing #StockTrading #BuySellSignals #CryptoTrading #Forex #TradingIndicators