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Stochastic - Ultimate

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I have to admit that the Stochastic Indicator is one of my favorite tools, but the default version is lacking some functionalities which I always wished they were there...
Therefore I decided to create an enhanced version of the Stochastic which now exactly fulfills my needs. I wanted to share it with the community in case someone else finds it useful.

So what is included?

- Full Stochastic (by default the settings are Length = 14 / K-Smooth = 6 / D-Smooth = 3, but you can change them to your liking)
- Oversold/Overbought limits can be customized - by default they are set to 20/80
- Red/Green line at the bottom indicates if K above D (green) or K below D (red) --> Indicates the general trend
- Background coloring for Stochastic crosses that happen in Oversold/Overbought area (buy/sell can be considered here)
- Stochastic RSI can be shown (= Stochastic indicator used on RSI value)
- Divergences on Stochastic can be displayed (Regular Bullish/Bearish & Hidden Bullish/Bearish)
- Optional: Show Highest/Lowest RSI since last Stochastic Cross
- Optional: Show label which indicates Target Price and Price distance to next K/D cross


Constructive Feedback is always welcome.

Enjoy.

Nota Keluaran
No more available
Nota Keluaran
Re-publishing of indicator:
- Full Stochastic
- Background coloring for Stochastic crosses in Oversold/Overbought area
- Histogram for K/D difference
- Divergences on Stochastic (based on Wicks or Body)
- Price distance to next crosses (OB / OS / KD cross)
Nota Keluaran
- Changed the K/D-cross Wave to a histogram with MACD-like colors
- Added K/D cross forcast label for next period

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.