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Triad Rotation

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Hey guys, this is the first indicator I've created. I have done some selective testing to validate the calculations against the FullStochastic indicators using the same settings.

From my review it looks to match correctly, but please do your own due diligence to verify this indicator matches your needs and strategy.

This indicator was designed closely with the Quad rotation strategy, where you use multiple stochastic indicators to identify overbought and oversold conditions.

Once all the stochastics are determined to be over/under the overbought/oversold threshold, the section will be highlighted red or green based on which condition is met. Green indicates a potential period to buy, and red indicates a potential period to sell.

P.S. I pair this with the MACD indicator to determine momentum of to aid in determining entry and exits, along with support and resistance levels. Thus far, I am an unprofitable trader, so this strategy may change. Again do your own due diligence to design a strategy that works for you.
Sürüm Notları
Updating formula discrepancy.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.