Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
الوصف
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A series of 28 stochastic oscillators plotted horizontally and stacked vertically from bottom to top as the oscillator background. Each oscillator has been interpreted and the value has been used to colour the lines in. Lower lines are shorter term stochastics and higher lines are longer term stochastics.
The average of the 28 stochastics has been taken and then used to plot the fast oscillator line, which also has a slow oscillator line to follow. The oscillator line can be used to colour in the candles.
The number of stochastics plotted in the background can now be controlled with the 'PlotNumber' input. This changes the average calculation and allows more control and precision.
Hello, how to also color wicks and borders with same color as body ?
Violent
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@ploutos32, Hi, remove candle borders in settings and set all wicks to grey or default colour.
PineCoders
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ZestFi
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Ok this looks hella cool but can somebody explain to me in plain English how to use this?
MadMoto29
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Also interested to know how the author recommends how to make use of this cool indicator! Great visual/study, but what are the trading implications?
JayM0ap
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@JNMaven, chose wma, and colour one of the averages to red.when the white crosses below the red, you can go short my friend. Its gave it every single time .top notch indicator
@notsimilar, can you share your strategy and setting with this indicator please?
BRYSHE
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@JayM0ap, what settings and what timeframe? According to your logic, I looked at different timeframes, the indicator shows a lot of false signals, you probably already lost your deposit if you entered at the intersection of the white and red lines, since the market in most cases turns around and goes in the opposite direction against your expectations.