OPEN-SOURCE SCRIPT
Triple Stochastic
Hi Traders,
This indicator triples the Stochastic in a short momentum line and a middle trend / divergence line.
Overall direction is displayed by the histogram which changes color when momentum is high or low.
The length is based on Fibonacci numbers which are multiplied by 2.618 and give in this sequence a great visual perception of price movement.
This indicator triples the Stochastic in a short momentum line and a middle trend / divergence line.
Overall direction is displayed by the histogram which changes color when momentum is high or low.
The length is based on Fibonacci numbers which are multiplied by 2.618 and give in this sequence a great visual perception of price movement.
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.