Lipi Reference Lipi

Functions

talib.stoch()

Stochastic. It is calculated by a formula: 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length)).

Syntax

                talib.stoch(series float source, series float high, series float low, series int length) → series float

Arguments

source required series float Source series.
high required series float Series of high.
low required series float Series of low.
length required series int Length (number of bars back).

Return Type

series float

Example


          indicator("Stochastic Oscillator", overlay=false)
length = input(14, "Stochastic Length")
stochValue = talib.stoch(close, high, low, length)
plot(stochValue, color=color.blue, title="%K Line")
hline(80, "Overbought", color=color.red)
hline(20, "Oversold", color=color.green)