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HammondB3
Dec 9, 2016 5:48 PM

B3 Stochastic Full 

Crude Oil FuturesNYMEX

Description

A colorful take on the classic stochastic indicator, coded from scratch. Enjoy! :)
Comments
Ettiene1982
Do you have any guide or instructions to how to use your indicator??
HammondB3
@Ettiene1982, well, its hard to call it MY indicator, lol. This is the standard Stochastic Full indicator with some nice paint to show you the turns in it. You may try in google search: "Stochastic trading strategy." Most will talk about the turns at the edges, where mine is hot pink and hot green, as being the best counter trade entries. Hope this helps. :)
HammondB3
roytrading
I'm not sure that people realize what a great tool this is, especially if you set K to 50 (and then use the central 50 line to determine whether the stock is bullish or bearish, like the Slow RSI 14). HammondB3, is there a way to add bar coloring to this? That's all that I see as potentially lacking. Overall, excellent tool.
HammondB3
@roytrading, very simple in fact
HammondB3
@roytrading, add this to the bottom of the script & voila :
barcolor(c2)
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