OPEN-SOURCE SCRIPT
[JL] Stoch Candle
Updated
I am playing Stoch and got an idea to display it as the candles.
So this is it.
So this is it.
Release Notes
Get a warning message from Pinecoders about description. So I updated it.English is my second language. Sorry for any typos or wrong grammars.
This script display stoch crossover/crossunder as candles.
K>D then display Green bars,
K<D then display Red bars.
It can not be traded directly. You can use these candles to watch the strong/weak trend or reverse.
I normally use higher timeframe to watch it. I am trading 15 min, so I will watch 1 hour chart.
Release Notes
About MTF:It can be coded. But MTF on one chart will use security function which always make repaint. So I will not update it to MTF version.
Instead, Tradingview split layout function is very powerful. I always watch MTF charts with the same indicators with symbol changes simultaneously one.
Release Notes
Change the main chart.Combine with my other script Stochastic Divergence Alert looks better
Release Notes
- add more boxes painting.
Use line chart and combine with Stochastic Divergence Alert (27,9,9) looks better.
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
遁一子交易入道 jesselau.com/
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