OPEN-SOURCE SCRIPT
Stochastic2
Script By Zero Sums
Script Based on Stochastic Full which is a momentum Oscillator with a similar base formula to RSI.
Pump Motor = FullK and FullD > 80 (Stocks will usually pump aggressively)
Sell Off Motor = FullK and FullD < 20 (Stocks will usually sell off aggressively)
Stochastic Crossovers of FullK and FullD can also call exact reversals on stocks intraday where Marsi2 cant.
Script Based on Stochastic Full which is a momentum Oscillator with a similar base formula to RSI.
Pump Motor = FullK and FullD > 80 (Stocks will usually pump aggressively)
Sell Off Motor = FullK and FullD < 20 (Stocks will usually sell off aggressively)
Stochastic Crossovers of FullK and FullD can also call exact reversals on stocks intraday where Marsi2 cant.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.