Stochastic Rainbow

[ThemBonez]

That's great....now with the StochRSI

[ThemBonez]

...and the Rainbow.

[ThemBonez]

Hi,
I made an effort to make the changes myself but it will not load. I can't see where the error is. Can you check it over for me and show me where the error is and make the correction. The lua file is attached as well as the code below
Thank You

Code: Select all

function Init()
    indicator:name("StochasticRSI Fibo Rainbow indicator");
    indicator:description("StochasticRSI Fibo Rainbow indicator");
    indicator:requiredSource(core.Bar);
    indicator:type(core.Oscillator);

    indicator.parameters:addGroup("Calculation");
    indicator.parameters:addInteger("K_Period", "Initial K_Period", "", 5);
    indicator.parameters:addInteger("K_Slowing", "Initial K_Slowing", "", 3);
    indicator.parameters:addInteger("D_Slowing", "Initial D_Slowing", "", 3);
    indicator.parameters:addInteger("RSI_Period", "RSI_Period", "", 8);

    indicator.parameters:addGroup("Style");
     indicator.parameters:addGroup("Style");
    indicator.parameters:addColor("clr1", "Color 1", "Color 1", core.rgb(0, 0, 128));
    indicator.parameters:addColor("clr2", "Color 2", "Color 2", core.rgb(0, 0, 255));
    indicator.parameters:addColor("clr3", "Color 3", "Color 3", core.rgb(0, 128, 0));
    indicator.parameters:addColor("clr4", "Color 4", "Color 4", core.rgb(0, 255, 0));
    indicator.parameters:addInteger("widthLinReg", "Line width", "Line width", 1, 1, 5);
    indicator.parameters:addInteger("styleLinReg", "Line style", "Line style", core.LINE_SOLID);
    indicator.parameters:setFlag("styleLinReg", core.FLAG_LINE_STYLE);
end

local first;
local source = nil;
local K_Slowing;
local D_Period;
local D_Slowing;
local FiboK;
local Ind_St={};
local St={};

function Prepare()
    source = instance.source;
    K_Period=instance.parameters.K_Period;
    K-Slowing=instance.parameters.K_Slowing;
    D_Slowing=instance.parameters.D_Slowing;
    RSI_Period=instance.parameters.RSI_Period;
    first = source:first()+2;
    local name = profile:id() .. "(" .. source:name() .. ", " .. instance.parameters.RSI_Period .. ", " .. instance.parameters.K_Period .. ", " .. instance.parameters.K_Slowing .. ", " .. instance.parameters.D_Slowing .. ")";
    local K_P=K_Period;
    local K_S=K_Slowing;
    local D_S=D_Slowing;
    FiboK=(1+math.sqrt(5))/2;
    for i=1,RSI_Period,1 do
     Ind_St[i]=core.indicators:create("STOCHASTICRSI", source, K_P, K_S, D_P,"MVA","MVA");
     K_P=math.floor(K_P*FiboK+0.5);
     K_S=math.floor(K_S*FiboK+0.5);
     D_S=math.floor(D_S*FiboK+0.5);
     St[i]=instance:addStream("St" .. i, core.Line, name .. ".St" .. i, "St" .. i, instance.parameters.clr, first);
     St[i]:setWidth(instance.parameters.widthLinReg);
     St[i]:setStyle(instance.parameters.styleLinReg);
    end
end

function Update(period, mode)
   if (period>first) then
    for i=1,RSI_Period,1 do
     Ind_St[i]:update(mode);
     St[i][period]=Ind_St[i].D[period];
    end
   end
end





[Apprentice]

Corrected a few problems.
You have to fix a few more.
Algorithm for random color.
You can have unlimited number of colors.
But you can not have so many color parameters.

Second, the parameters that you are passing to STOCHASTICRSI are not valid.

Stochastic_RSI Fibo Rainbow.lua

(2.89 KiB) Downloaded 692 times

If you write what you want to achieve, I can finish this job for you.

[ThemBonez]

I look at 4 different StochRSI charts with the below parameters. I liked the concept of the Stochastic Rainbow you created.

I would like 4 stochrsi lines with the following parameters based on Fibonacci Sequence:
8,5,3,3
13,8,5,5
21,13,8,8
34,21,13,13

(Parameters = RSI Periods, %K Stochastic Periods, %K SLowing Periods, %D Slowing Stochastic Periods)

Each line a different color.

On the right side of chart 70 and 30 lines.

If you could finish it for me, that would be great!
Thanx!

[Alexander.Gettinger]

Each line a different color.

On the right side of chart 70 and 30 lines.

Stochastic_Fibo_Rainbow2.lua

(3.04 KiB) Downloaded 924 times

Stochastic_RSI Fibo Rainbow2.lua

(3.1 KiB) Downloaded 976 times

[Apprentice]

Indicator was revised and updated.