KC% Oscillator
Key Features:
- KC%: The indicator calculates the KC% based on user-defined parameters, including the period input and the channel amplitude, with upper and lower bands instead of single levels.
- Moving Average (MA): The indicator utilizes a moving average (MA) within the KC% to smooth out price fluctuations. Traders can adjust the MA period to suit their trading strategy.
- Stochastic Analysis: The indicator incorporates Stochastic analysis using the Stochastic RSI. It calculates the %K and %D lines and provides insights into potential trend reversals and overbought/oversold conditions in the short term.
- Channel Breakouts: The indicator identifies instances when the entire price candles break out of the Channel. It visually represents these breakouts as extended price signals, helping traders spot potential trend shifts and volatility.
- Customizable Color Scheme: Traders can customize the indicator's color scheme to suit their preferences. Colors can be assigned to bullish, neutral, and bearish market conditions.
- ATR Table: The indicator includes an Average True Range (ATR) table, displaying the ATR value and its percentage relative to the price moving average. This table helps traders gauge market volatility and adjust their trading strategies accordingly.
By visualizing crucial market information, such as trend strength, volatility, and potential reversals, the "KC%" indicator empowers traders to make well-informed trading decisions. Whether used in isolation or combined with other technical analysis tools, this indicator provides valuable insights into market dynamics.
Please note that a basic understanding of technical analysis and familiarity with the indicator's settings are recommended for optimal use.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact FractalTrade_ directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact FractalTrade_ directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.