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skyline-trader
6 mar 2021 21:58

Stochastic with Oversold/Overbought levels color 

DAX FuturesEUREX

Opis

Modification of original Stochastic covering:

  • dynamic color of smoothed Stoch if overbought or oversold levels reached
  • added inputs to Settings to define Oversold/Overbought levels dynamically
  • removed color fill what only makes indicator harder to read

Informacje o Wersji

Additional Information:
- Stochastic is now simplified when it's coming to display (one, smoothed line shown)
- Stochastic line is being colored when it exceed Oversold and Overbought levels
- script together with DMI and OBV is working very well as additional confluence when taking trades; DMI is additional oversold/overbought indicator that can be checked together with Stochastic + OBV is showing also potential reversals via Divergences
Komentarze
ccrjared
Can you add alerts to this? I can not find a stochastic that only does alerts at the extremes.
montybhatia
Hii
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