OPEN-SOURCE SCRIPT
Stochastic ala DayTradingRadio
Updated
Stochastic ala DayTradingRadio.
Created for those who have only pasic TW plan and can't add more than 2 indicators.
It's just plot 4 stoch data on one chart.
Created for those who have only pasic TW plan and can't add more than 2 indicators.
It's just plot 4 stoch data on one chart.
Release Notes
Stochastic created for better understanding od price momentum.It is similar to tading strategy used by DTR but with added option of smoothing K lines.
Release Notes
This version of the indicator shows in red and green areas where are the moment in time, where you should consider taking short or long position. However, this is not indication where to enter the market... this is only information where are the optimal areas!Release Notes
Just added RSI line on top of all Stochastic lines.Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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