TradingView
SoftKill21
Oct 14, 2020 9:21 PM

Doble stochastic oscillator fast and slow 

FX:EURUSD15
Euro Fx/U.S. DollarFXCM

Description

⋅
This is a two stochastic in one indicator :

We have a normal stochastic, and a slower one in order to identify changes in the price movement.


At the same time I added more levels, so its easier visually to identify in each scenario we are.


The slower oscillator, also change color based on direction it has.

Green color = long direction - > buy
Red color = short direction - > sell





Stochastic OscillatorSLOWFASTuptrenddowntrendpricemovement
Comments
TjTally
⋅
It just lags on the alternate time frame because the higher time frame is not completed yet. I figured it out. Thanks for this indicator.
TjTally
⋅
Very Cool. I use two stochastic indicators on a Daily chart. One for the daily and one for the weekly. Is there any way to straighten out the k% and D% without having to turn off the "GAP" settings for the alternate time frame? In other words.. A stochastic that can be changed to a different time frame other than the chart its currently on without the step lines when turning off "GAP" setting. With GAPS on, The alternate stochastic lags on the time frame. With GAPS off the stochastic has a step line.
steve_taffy
⋅
looks great !! thankyou, i will try this out this week.
More