Stochastics - Made Easy

28 May

This indicator is a visually improved version of Stochastics. It makes it much easier to see what's happening by simplifying those confusing, intersecting lines. With this, you can detect the Stochastics direction more clearly. All the features are also explained in the tooltips of the input fields. Some extra features are included, such as average top and bottom calculation, standard deviation and divergences.

Color legend:

• Green: Stoch K Above D and Rising
  
• Light Green: Stoch K Above D and Falling
  
• Red: Stoch K Below D and Falling
  
• Light Red: Stoch K Below D and Rising
  

• Blue: Stoch K Crossover D
  
• Orange: Stoch K Crossunder D
  

• Blue Arrow: Bullish Divergence
  
• Orange Arrow: Bearish Divergence