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Function
Inputs: TCLen(NumericSimple), MA1(NumericSimple), MA2(NumericSimple);
Variables: XMac(0), Frac1(0), PF(0), PFF(0), Frac2(0), Factor(.5);
{Calculate a MACD Line}
XMac = MACD(c,MA1,MA2) ;
{1st Stochastic: Calculate Stochastic of a MACD}
Value1 = Lowest(XMac, TCLen);
Value2 = Highest(XMac, TCLen) - Value1;
{%FastK of MACD}
Frac1 = IFF(Value2 > 0, ((XMac - Value1) / Value2) * 100, Frac1[1]);
{Smoothed calculation for %FastD of MACD}
PF = IFF(CurrentBar<=1, Frac1, PF[1] + (Factor * (Frac1 - PF[1])));
{2nd Stochastic: Calculate Stochastic of Smoothed Percent FastD, `PF', above.}
Value3 = Lowest(PF, TCLen);
Value4 = Highest(PF, TCLen) - Value3;
{%FastK of PF}
Frac2 = IFF(Value4 > 0, ((PF - Value3) / Value4) * 100, Frac2[1]);
{Smoothed calculation for %FastD of PF}
PFF = IFF(CurrentBar<=1, Frac2, PFF[1] + (Factor * (Frac2 - PFF[1])));
{The STC function is the %FastD of PF}
_SchaffTC= PFF;
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Indicator:
Inputs: TCLen(10), MA1(23), MA2(50);
plot1(_SchaffTC(TCLen,MA1,MA2),"Schaff_TLC");
plot2(25);
plot3(75);
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