OPEN-SOURCE SCRIPT
stelaraX - Stochastic
stelaraX – Stochastic
stelaraX – Stochastic is a momentum oscillator designed to compare the current closing price to the recent price range over a defined period. It helps identify overbought and oversold conditions and provides early signals for potential momentum shifts.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Stochastic oscillator is calculated using three configurable parameters:
* %K lookback period
* %K smoothing
* %D smoothing
The indicator consists of:
* the %K line, representing raw momentum
* the %D line, a smoothed moving average of %K
Momentum is considered bullish when %K is above %D and bearish when %K is below %D. Crossovers between %K and %D can indicate potential trend shifts.
Visualization
The script plots:
* the %K line
* the %D line
* a configurable overbought level
* a configurable oversold level
The area between the overbought and oversold levels is visually highlighted, allowing quick identification of extreme momentum conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting early momentum reversals
* confirming trend continuation or exhaustion
* divergence analysis between price and momentum
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX – Stochastic is a momentum oscillator designed to compare the current closing price to the recent price range over a defined period. It helps identify overbought and oversold conditions and provides early signals for potential momentum shifts.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Stochastic oscillator is calculated using three configurable parameters:
* %K lookback period
* %K smoothing
* %D smoothing
The indicator consists of:
* the %K line, representing raw momentum
* the %D line, a smoothed moving average of %K
Momentum is considered bullish when %K is above %D and bearish when %K is below %D. Crossovers between %K and %D can indicate potential trend shifts.
Visualization
The script plots:
* the %K line
* the %D line
* a configurable overbought level
* a configurable oversold level
The area between the overbought and oversold levels is visually highlighted, allowing quick identification of extreme momentum conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting early momentum reversals
* confirming trend continuation or exhaustion
* divergence analysis between price and momentum
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.