Chaloke Stochastic
The Chaloke Stochastic is an Amibroker AFL that incorporates the Stochastic Oscillator to assess market momentum and generate buy/sell signals. Traders depend on Amibroker Data Feeder to obtain real-time price data, which is essential for implementing the Chaloke Stochastic strategy effectively. It enables traders to respond promptly to market developments by utilizing this powerful indicator.
_SECTION_BEGIN("Chaloke Stochastic");
//Chaloke Stochastic///
x1= StochK(14 ,7 ) ;
x2= TEMA(x1 ,5 ) ;
x3= EMA(x2 ,5 ) ;
Plot(x2, "Chaloke Stochastic" ,colorBlue,4);
Plot(x3,"",colorRed,1);
_SECTION_END();