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Violent

Stochastic Candles

Violent Updated   
Stochastic Oscillator Trend Analysis Moving Averages Momentum Oscillators stochasticoscillator
2327
21
stochastic trendanalysis movingaverage momentumoscillator stochasticoscillator
A series of up to 28 stochastics oscillators used to form an average stochastic value, which is then used to colour the candles based on the momentum.
Each candle can be coloured one of ten colours and each one represents a position on the stochastic oscillator.
The indicator helps traders to visualise the momentum and helps trend following.

Inputs:

MA: multiple smoothing methods
Theme: multiple colours
Increment: stochastic length start and increments
End: stochastic length end
Smooth: smooth stochastic
Release Notes:
Updated colours and default plotNumber.
Release Notes:
Updated default settings
Release Notes:
Updated colours.
Release Notes:
Updated default settings and colours.
Release Notes:
Updated colours.
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.

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