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peacefulLizard50262
Nov 6, 2022 8:22 PM

Stochastic Moving Average Delta Oscillator (SMADO) 

SPDR S&P 500 ETF TRUSTArca

Description

This is an interesting take on the stochastic oscillator. What I have done here is I've taken the cumulative sum of the deltas of all the simple moving averages from 1 to 200 and summed them. Next I transform this into a stochastic oscillator with ta.stoch. The point of this is to show you trends, tops and bottoms. I hope you find this indicator as interesting as I did. Please enjoy!
The Feature include: Stochastic Window, Number of MA's to check, General Smoothing, and Direction Indication.
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