================================= Daily Double Smoothed Stochastic ================================= A prerequisite for this indicator is Jose Silva's "Calendar Day counter". "Daily Double Smoothed Stochastic" plots a daily double smoothed Stochastic Oscillator signal on any intraday chart with sufficient historical data. ---8<--------------------------- {Daily Double Smoothed Stochastic} {© 2004 Roy Larsen, rlarsen@man.quik.co.nz} {for use on intraday charts with Jose Silva's "Calendar Day counter"} N:=Input("Daily Double Smoothed Stochastic Periods",2,99,10); R:=Input("Smoothing Periods",1,9,3); R:=2/(R+1); A:=Input("Hour of Last Daily Bar" ,0,23,16); B:=Input("Minute of Last Daily Bar",0,59,00); Q:=Input("Display Mode, 0=Static 1=Dynamic 2=Test",0,2,2); {0=Display, update at last bar of day} {1=Display, update on each new bar} {2=Backtest, update on first bar of new day} G:=LastValue(Highest(Sum(DayOfWeek()<> ValueWhen(2,1,DayOfWeek()),5))=5); I:=Fml("Calendar Day counter"); I:=Abs(I-ValueWhen(2-G,1,I)); M:=G OR I>0; F:=G OR (Hour()=A AND Minute()=B); A:=LastValue(Cum(1)-1)=Cum(1); B:=LastValue(Cum(1))=Cum(1); J:=If(F,1,If(Alert(F,2)=0 AND M,2,0)); J:=If(A+LastValue(J)>2 OR B+(Q=1)=2,1,J); J:=If(G,1,If(Q=2 OR Cum(J)<=1,M*2,J)); Hw:=HighestSince(1,M,H); Hw:=ValueWhen(1,J,If(J=1,Hw,ValueWhen(2-G,1,Hw))); Lw:=LowestSince(1,M,L); Lw:=ValueWhen(1,J,If(J=1,Lw,ValueWhen(2-G,1,Lw))); K:=ValueWhen(1,J,If(J=1,C,ValueWhen(2-G,1,C))); Ls:=LowestSince(N,J,Lw); Hs:=HighestSince(N,J,Hw); P0:=((K-Ls)/(Hs-Ls))*100; P1:=ValueWhen(1,J,PREV)*(1-R)+P0*R; Lp:=LowestSince(N,J,P1); Hp:=HighestSince(N,J,P1); P2:=((P1-Lp)/(Hp-Lp))*100; ValueWhen(1,J,PREV)*(1-R)+P2*R; ---8<--------------------------- http://www.metastocktips.co.nz/