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Stochastic with Oversold/Overbought levels color

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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
Nota Keluaran
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

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.