Get started
NeoDaNomad

Neo's %K

NeoDaNomad Updated   
Stochastic Oscillator Stochastic RSI (STOCH RSI) FAST Divergence reversal continuation momentumindicator
61
0
stochastic stochasticrsi fast divergence reversal continuation momentumindicator
In my opinion the %K is the only part of the stochastic that you actually need. It's the fast RSI, so it responds much better to large price movements and reveals divergence a lot sooner than %D. The %D has no real confluence with the rest of my strategy so, I only use %K.
Release Notes:
period is now editable
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?