The Doda Stochastic Indicator is an oscillator designed to identify primary trends in asset price movements, operating on a scale from 0 to 100. It offers potential buying signals when it fluctuates between 0 and 20, and potential selling signals when it trends between 80 and 100. To reinforce the reliability of these signals, traders often complement them with...
This indicator will show you a red circle above candles when Stoch RSI K value is greater than your "overbought" value, and a green circle above candles when Stoch RSI K value is below your "oversold" value. Updatable oversold and overbought values.
Original Stochastic Oscillator Formula: %K=(C−Lowest Low)/(Highest High−Lowest Low)×100 Lowest Low refers to the lowest low of the past n periods. Highest High refers to the highest high of the past n periods. K Stochastic Indicator Formula: %K=(Source−Lowest Source)/(Highest Source−Lowest Source)×100 Lowest Source refers to the lowest value of...
This script defines a custom Stochastic Oscillator indicator with additional visual features to assist traders in identifying potential buy and sell opportunities based on overbought and oversold conditions, as well as the crossovers of the %K and %D lines. How the Indicator Works: Stochastic Oscillator Components: - The Stochastic Oscillator is a...
The Giga Kaleidoscope GKD-C TMMS Oscillator is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C TMMS Oscillator TMMS Oscillator uses the Relative Strength Index (RSI) and two stochastic oscillators to gauge market momentum. By normalizing these indicators around a central value, it identifies upward, downward,...
version=5 This version of the stochastic produces the identical stochastic as used in MarketSmith The three primary differences from a classic stochastic are as follows: 1. Close values only 2. 5-day ema instead of 3-day simple moving averages for smoothing the fast and slow lines 3. Slow and fast lines are truncated to integer values by Mike Scott 2023-09-11
Fib TSI = Fibonacci True Strength Index The Fib TSI indicator uses Fibonacci numbers input for the True Strength Index moving averages. Then it is converted into a stochastic 0-100 scale. The Fibonacci sequence is the series of numbers where each number is the sum of the two preceding numbers. 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610... TSI uses...
MACDV = Moving Average Convergence Divergence Volume The MACDV indicator uses stochastic accumulation / distribution volume inflow and outflow formulas to visualize it in a standard MACD type of appearance. To be able to merge these formulas I had to normalize the math. Accumulation / distribution volume is a unique scale. Stochastic is a 0-100 scale. MACD is a...
The Stochastic RSI is a technical indicator ranging between 0 and 100, based on applying the Stochastic oscillator formula to a set of relative strength index (RSI). Unlike the original Stochastic RSI indicator, this allows you to define up to two additional tickers for which all three will be averaged and outputted visually looking like a standard Stochastic RSI...
The Velocity Indicator was created by Scott Cong (Stocks and Commodities Sep 2023, pgs 8-15). This is my variation of his formula designed to capture the overall velocity of the underlying stock by applying the typical velocity formula. This indicator is visually similar to a typical stochastic indicator but uses a different underlying calculation. This works well...
This is just a fun script to give a different representation to the ever popular Stochastic RSI Even for me over the years the stochastic has been a difficult one to use in trading merely because of its choppy look. Since Heikin-Ashi Candles do such a powerful job in smoothing out the look of choppy markets, I decided to test it out on the look of the Stochastic...
The Price Exhaustion Indicator (PE) is a powerful tool designed to identify trends weakening and strengthening in the financial markets. It combines the concepts of Average True Range (ATR), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator to provide a comprehensive assessment of trend exhaustion levels. By analyzing these multiple...
The "Smooth ROC & Stochastic with Kalman Filter" indicator is a trend following tool designed to identify trends in the price movement. It combines the Rate of Change (ROC) and Stochastic indicators into a single oscillator, the combination of ROC and Stochastic indicators aims to offer complementary information: ROC measures the speed of price change, while...
***For ease of use, I recommend changing the J Histogram to a line indicator, then it works like the KDJ Stochastic indicator. Full disclosure, I created this script with the help of GPT. This script was inspired by the KDJ Stochastic indicator by Dreadblitz*** The "RSI with J-Line" script is essentially a modified Relative Strength Index (RSI) indicator with...
The "MOM HEAT" indicator combines MACD, Stochastic, MFI, and RSI to create a heat map of market momentum. It calculates wave values based on these indicators for four different timeframes. The wave values are then normalized and combined to determine overall momentum. The indicator plots squares on the chart to represent the wave values for each timeframe. It...
The Stochastic Distance Indicator was created by Vitali Apirine (Stocks and Commodities Jun 2023 pgs 16-21), and this is a new method that measures the absolute distance between a price and its highest and lowest values over a long period. It uses the stochastic formula to create an oscillator using this distance value and smooths the value. Obviously, there is a...
Giga Kaleidoscope GKD-C Adaptive-Lookback Stochastic is a Metamorphosis module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ GKD-C Adaptive-Lookback Stochastic The Adaptive-Lookback Stochastic uses a swing pivot lookback algorithm to adjust the periiod input bar-bar-bar thereby converting the regular Stochasitc oscillator into an adaptive...
Hello, I'm a passionate trader who has spent years studying technical analysis and exploring different trading strategies. Through my research, I've come to realize that certain indicators are essential tools for conducting accurate market analysis and identifying profitable trading opportunities. In particular, I've found that the RSI, SRSI, MACD cross, and Di...