Help Developing Simple Stochastic

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Hello!

Im developing a automated trading platform and right now im trying to make some simple indicators.

I tryied to make a simple stochastic using a %K and %D lines, and using the following formula for the %K:

( ( Today's Close - Lowest Low in %K Periods ) / ( Highest High in %K Periods - Lowest Low in %K Periods ) ) * 100

The problem is a cant make it look as it does on other trading platforms, like Metatrader, and my best guess is that im missing something in the formula because i tried other indicators and they work just fine.

The function looks too squared, as if the metatrader one had a average or something applied to the %K =S.

Thanks in advance.

 
juanchoc:
Hello!

Im developing a automated trading platform and right now im trying to make some simple indicators.

I tryied to make a simple stochastic using a %K and %D lines, and using the following formula for the %K:

( ( Today's Close - Lowest Low in %K Periods ) / ( Highest High in %K Periods - Lowest Low in %K Periods ) ) * 100

The problem is a cant make it look as it does on other trading platforms, like Metatrader, and my best guess is that im missing something in the formula because i tried other indicators and they work just fine.

The function looks too squared, as if the metatrader one had a average or something applied to the %K =S.

Thanks in advance.

I see it is reversed wiliams percent range formula:

Today's Close - Lowest Low in %K Periods

vs

Highest High in %K Periods -Today's Close

//---- indicator settings

#property indicator_separate_window

#property indicator_buffers 1

#property indicator_color1 Red

#property indicator_width1 1

#property indicator_style1 STYLE_SOLID

#property indicator_level1 0

//---- indicator parameters

extern int WPRPeriod = 10;

extern int CountBars = 1500;

//---- indicator buffers

double ind_buffer1[];

//+------------------------------------------------------------------+

//| Custom indicator initialization function |

//+------------------------------------------------------------------+

int init()

{

//---- drawing settings

IndicatorBuffers(1);

SetIndexStyle(0,DRAW_LINE);

//---- indicator buffers mapping

SetIndexBuffer(0,ind_buffer1);

//---- initialization done

return(0);

}

//+------------------------------------------------------------------+

//| WPR |

//+------------------------------------------------------------------+

int start()

{

int i, limit=CountBars;

if (limit>Bars) limit=Bars-WPRPeriod;

for(i=0; i<limit; i++)

{

ind_buffer1=iWPR(NULL,0,WPRPeriod, i)+100;

}

//---- done

return(0);

}

Raff

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