INVITE-ONLY SCRIPT

Stochastic Crossover Volume Trend

27
๐Ÿš€ Summary of Indicator Usage
๐Ÿ”น This indicator combines Stochastic Crossover to help analyze trends and find accurate entry and exit points.
๐Ÿ“Š Main Components
1๏ธโƒฃ Stochastic Crossover/Crossunder
โœ… Use Stochastic Oscillator to see buying/selling power.
โœ… Crossover โ†’ ๐Ÿ”ผ Bullish Signal
โœ… Crossunder โ†’ ๐Ÿ”ฝ Bearish Signal
๐Ÿ“Œ White dots on the chart show Stochastic crossovers to help indicate trends.
2๏ธโƒฃ Hull Moving Average (HMA) for market trends
โœ… Moving average at Smoother and faster than EMA/SMA
โœ… Use as support/resistance
โœ… Blue color indicates HMA
โœ… Buy/Sell condition
๐ŸŸข "BUY" โ†’ When price cuts up HMA
๐Ÿ”ด "SELL" โ†’ When price cuts down HMA
3๏ธโƒฃ Calculate winning trend (Trend Strength)
โœ… If Stochastic %K > %D and price is higher than HMA โ†’ ๐Ÿ“ˆ Bullish Trend
โœ… If Stochastic %K < %D and price is lower than HMA โ†’ ๐Ÿ“‰ Bearish Trend
๐Ÿ“Œ There are numbers showing Bullish/Bearish trend With strength value On the graph
4๏ธโƒฃ Volume Signal (abnormally high trading volume)
โœ… Calculate the average trading volume (SMA 20)
โœ… Volume is 1.5 times higher than the average โ†’ ๐ŸŸฃ Show the Volume Signal point
โœ… Used to help identify the period with unusually high buying/selling power
๐Ÿ“Œ Usage
โœ… Use Stochastic Crossover together with HMA to find buy/sell signals
โœ… Increase accuracy by looking at Volume Signal
โœ… Trend numbers help traders make decisions more easily
โœ… Suitable for Day Traders and Swing Traders

This indicator works on
#crypto #forex #gold and all assets.

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.