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[Birbicator] StochTKD
Updated
Birbicator is a custom indicator prototype based on Stochastic oscillator, enriched with Stochastic of Tenkan and Kijun of Ichimoku with adjusted, prototyped settings. It includes the ribbon, which corresponds with the momentum per Stochastic oscillator crossovers. It involves histogram as well which displays the relation of distance between Tenkan and Kijun. It displays the coloured candles in the main chart also. The orange colour is bullish while dark candle is bearish. White candles are neutral.
The indicator displays the strength of the trend when Stochastic and TK are following the same direction. The stronger buy/sell signal appears on the Stoch crossover simoultaneous to Histogram crossover.
The indicator displays the strength of the trend when Stochastic and TK are following the same direction. The stronger buy/sell signal appears on the Stoch crossover simoultaneous to Histogram crossover.
Release Notes
This version removes bar coloursRelease Notes
An update to Birbicator StockTKD including EMA50/100 addition
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