FSST is the another modification of FSK indicator. It uses RSI and SLowK in the calculation.
The FSST is constructed from five different parts. The Kurtosis, the Fast Kurtosis(FK),
the Fast/Slow Kurtosis(FSK), FSRS and Weighted FSRS.
The FSST is constructed from five different parts. The Kurtosis, the Fast Kurtosis(FK),
the Fast/Slow Kurtosis(FSK), FSRS and Weighted FSRS.
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 27/06/2014 // FSST is the another modification of FSK indicator. It uses RSI and SLowK in the calculation. // The FSST is constructed from five different parts. The Kurtosis, the Fast Kurtosis(FK), // the Fast/Slow Kurtosis(FSK), FSRS and Weighted FSRS. //////////////////////////////////////////////////////////// study(title="FSST (Fast and Slow Kurtosis)", shorttitle="FSST (Fast and Slow Kurtosis)") BuyZone = input(0) hline(BuyZone, color=green, linestyle=line) xMOM_R = mom(mom(close, 3), 1) xMOM_RAvr = ema(xMOM_R, 65) xMOM_RWAvr = wma(xMOM_RAvr, 6) xHH = highest(high, 9) xLL = lowest(low, 9) xValue = xHH - xLL FastK = (close - xLL) / xValue * 100 xFastD = nz(xFastD[1]) + (0.5 * (FastK - nz(xFastD[1]))) xFSST = 500 * xMOM_RWAvr + xFastD xFSST_WAvr = wma(xFSST, 9) plot(xFSST, color=blue, title="FSST") plot(xFSST_WAvr, color=red, title="WMAFSST")