PROTECTED SOURCE SCRIPT
Updated Stoic Stoch MFI V2.0 [Nest]
This indicator has 2 price momentum oscillators
Aqua line = fast stochastics that react to price action faster (5m and 10m timeframe)
Pink line = slow stochastics that react to price action slow (20m timeframe)
Both lines use a complex smoothing average formula to give more precise measurements of momentum.
Added on top of this indicator is "Godmode by LazyBear" and MFI for confluence.
Aqua line = fast stochastics that react to price action faster (5m and 10m timeframe)
Pink line = slow stochastics that react to price action slow (20m timeframe)
Both lines use a complex smoothing average formula to give more precise measurements of momentum.
Added on top of this indicator is "Godmode by LazyBear" and MFI for confluence.
Release Notes
Added Historical Volatility Percentile to background. If bgcolor, flashes green, volatility is expanding to the downside
If bg color, flashes red, volaility is expanding to the upside.
Use in conjunction with MFI for added confirmation.
Works well on 4hr timeframes and above.
Enjoy! :)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.