OPEN-SOURCE SCRIPT
Doble stochastic oscillator fast and slow
This is a two stochastic in one indicator :
We have a normal stochastic, and a slower one in order to identify changes in the price movement.
At the same time I added more levels, so its easier visually to identify in each scenario we are.
The slower oscillator, also change color based on direction it has.
Green color = long direction - > buy
Red color = short direction - > sell
We have a normal stochastic, and a slower one in order to identify changes in the price movement.
At the same time I added more levels, so its easier visually to identify in each scenario we are.
The slower oscillator, also change color based on direction it has.
Green color = long direction - > buy
Red color = short direction - > sell
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.