TFi Double Stochastic Study

20 May 2020

The Study script uses Stochastic indicators for entry and exit a position.
The entry and exit points are visualized in the chart via green arrows and crosses; the position follows the exact behavior of the strategy script.
The study also creates alerts, which follow the exact position of the entry/exit markers.

How to use
The Study works with most timeframes and instruments.
I'm also providing a "strategy" version of this Study, which can be used to backtest the strategy.

List of parameters

• "Stochastic Length" ... Number of bars for Stochastic indicators
  
• "Stochastic Overbought" ... Stochastic overbought level
  
• "Stochastic Overbought Down Trend" ... Stochastic overbought level for down trends
  
• "Stochastic Oversold Up Trend" ... Stochastic oversold level for up trends
  
• "Stochastic Oversold" ... Stochastic oversold level
  
• "Stochastic Smooth K" ... Stochastic K smoothing
  
• "Stochastic Smooth D" ... Stochastic D smoothing
  
• "Stochastic Confirmed" ... Enable to confirm the indicator value within the current bar
  
• "MA Filter Enabled" ... Enable an additional filter for entering a position; the entries only follow the overall trend
  
• "MA Fast Period" ... Fast filter period
  
• "MA Slow Period" ... Slow filter period
  

List of alerts

• Entry Long' ... Enter long position
  
• 'Entry Short' ... Enter short position
  
• 'Exit Long/Short' ... Exit long/short position
  

How to access
This Study is a "Invite Only" script. Please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".