2012 Mar: Introducing SwamiCharts by John Ehlers and Ric Way

SwamiCharts_Stochastic.efs  

EFSLibrary - Discussion Board  

 

File Name: SwamiCharts_Stochastic.efs

 

Description:
Introducing SwamiCharts by John Ehlers and Ric Way.

 

Formula Parameters:

SwamiCharts_Stochastic.efs

• Fastest Period: 6
• Lowest Period: 48
• Line Thickness: 5

Notes:
The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.

 

Download File:
SwamiCharts_Stochastic.efs



EFS Code:

SwamiCharts_Stochastic.efs

/*********************************
Provided By:  
    Interactive Data Corporation (Copyright © 2012) 
    All rights reserved. This sample eSignal Formula Script (EFS)
    is for educational purposes only. Interactive Data Corporation
    reserves the right to modify and overwrite this EFS file with 
    each new release. 

Description:        
    Introducing SwamiCharts by John Ehlers
	
Version:            2.00  17/02/2012

Formula Parameters:                     Default:
Fastest Period                          6
Lowest Period                           48
Line Thickness                          5

Notes:
    The related article is copyrighted material. If you are not a subscriber
    of Stocks & Commodities, please visit www.traders.com.

**********************************/
var fpArray = new Array();

function preMain () {
    
    setStudyTitle("SwamiCharts_Stochastic");
    
    setShowCursorLabel(false);
           
    setComputeOnClose(true);
    
    var x=0;      
    fpArray[x] = new FunctionParameter("fastPeriod", FunctionParameter.NUMBER);
    with(fpArray[x++])
    {
        setName("Fastest Period");
        setLowerLimit(1);
        setUpperLimit(20);
        setDefault(6);
    }
    
    fpArray[x] = new FunctionParameter("slowPeriod", FunctionParameter.NUMBER);
    with(fpArray[x++])
    {
        setName("Lowest Period");
        setLowerLimit(40);
        setUpperLimit(100);
        setDefault(48);
    }	
    
    fpArray[x] = new FunctionParameter("lineThickness", FunctionParameter.NUMBER);
    with(fpArray[x++])
    {
        setName("Line Thickness");
        setLowerLimit(1);
        setUpperLimit(20);
        setDefault(5);
    }	
}

var bInit = false;
var bVersion = null;

var resArray = null;
var xhhArray = null;
var xllArray = null;
var numArray = null;
var denomArray = null;
var stochArray = null;

function main (fastPeriod, slowPeriod, lineThickness) 
{
    if (bVersion == null) bVersion = verify();
    if (bVersion == false) return;    
	
    if (!bInit) 
    {
        resArray = new Array();         
        xhhArray = new Array();
        xllArray = new Array();
        numArray = new Array();
        denomArray = new Array();
        stochArray = new Array();    
        
        for (var i = fastPeriod; i <= slowPeriod; i++) 
        {
            resArray.push(i);
            
            xhhArray.push(hhv(i, high()));
            xllArray.push(llv(i, low()));                                  
                        
            numArray.push(0);
            denomArray.push(0);
            stochArray.push(0);
            
            setDefaultBarThickness(lineThickness, i - fastPeriod);
	}
				
	bInit = true;
    }

    for (var i = 0; i <= slowPeriod - fastPeriod; i++) 
    {
        var vhh = xhhArray[i].getValue(0);
        var vll = xllArray[i].getValue(0);         
        
        if (vhh == null || vll == null)
            return;
        
	numArray[i] = (close(0) - vll + numArray[i]) / 2;
	denomArray[i] = (vhh - vll + denomArray[i]) / 2;
            
	if (denomArray[i] != 0)
            stochArray[i] = 0.2 * (numArray[i] / denomArray[i]) + 0.8 * stochArray[i];

	var colorR = 255;
	var colorG = 255;
	var colorB = 0;

	if (stochArray[i] > 0.5)
	{
            colorR = Math.floor(255 * (2 - 2 * stochArray[i]));
	}
	else 
	{
            colorG = Math.floor(255 * 2 * stochArray[i]);
	}
             
	setBarFgColor(Color.RGB(colorR, colorG, colorB), i);
    }

    return resArray;
}


// verify version
function verify() {
    var b = false;
    if (getBuildNumber() < 779) {
        drawTextAbsolute(5, 35, "This study requires version 8.0 or later.", 
            Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            null, 13, "error");
        drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp", 
            Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,
            null, 13, "upgrade");
        return b;
    } else {
        b = true;
    }
    return b;
}