At the suggestion of a friend, I prepared this educational indicator to show how to use a Multi time frames on the chart based on the color of The Candle. This Script calculates the stochastic oscillator for multiple timeframes and displays the overbought/oversold signals on the chart with color coding. The stochastic oscillator is a momentum indicator that...
This Stochastic scanner can be use to identify overbought and oversold of 10 symbols over multiple timeframes it will give you a quick overview which pair is more overbough or more oversold and also signals tops and bottoms in the AVG row light red/green cell = weak bearish (Stoch = 30-20) / bullish (Stoch = 70-80) medium red/green cell = bearish (Stoch =...
To know if we are in range, I recommend my other indicator "Trend Channel Gu5" Stochastic shows overbought / oversold -- Para saber cuando no hay tendencia y estamos en rango, recomiendo usar mi indicador "Trend Channel Gu5" El cruce de K & D nos muestra cundo el mercado esta en sobre-compra o sobre-venta Las alertas con banderas ayudan a visualizar mas...