I present to you!
Adaptive StochWhich Performs adaptively to the volumetric trends,
So the Green and Red Area Regions which you over the Indicator is the direction in which you should trade, These Areas are formed by a volumetric adaptive , of adaptive period determined by the crosses of 55 and 200
The blue line is a stationary fixed length of length 14,
How to Trade
1. Get the Status of the Trend : green area, for and red for from adaptive
2. Check for the First Overbought (of stationary / blue line above 80) in to go short
and similarly first Oversold (blue line below 20) in to go long!
On Scripts Section of myProfile
I Wake Trade Eat Sleep Daily!
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 a publication is governed by House Rules. You can favorite it to use it on a chart.