OPEN-SOURCE SCRIPT
Stochastic Barcolor 2021-5-22
This one is the stochastic with barcolor added to it. In this example, the bars are white when the stochastic line is above is above both 70 AND its signal (vice-versa the bars are red). Adjust the lines and overbought/oversold levels however you see fit for your needs. On higher time frames, this can be used to spot the most bullish/bearish trends. On lower time frames it can be used to take profits. This setting is most effective when used on multiple time frames. Enjoy!
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.
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