OPEN-SOURCE SCRIPT
تم تحديثه

MTF Stochastic with automatic divergence

9 123
This is a stochastic indicator that show the stochastic in your current timeframe and also the stochastic from the timeframe above (if current is 15 mins - the above is 1 hour etc). When the 2 stochastics align the background colour highlights to emphasise that. The idea being that you have your current stochastic pushing down improving your change of a successful entry and the stochastic from above pushing down showing there is momentum in that direction.

In addition, the indicator will show when positive and negative divergence occurs on the current timeframe. Divergence can be a little subjective but it seems to find the important ones.

Finally, it highlights when the current stochastic crosses. I was finding once you squash it down it gets difficult to see so I made that easier.

For me I don't tend to use the divergence feature (which is ironic as i found it very hard to code) but being able to see what is happening on the timeframe above is a very effective filter saving me from bad trades.

The script is a little scruffy in places but neat enough to adapt to other indicators. Somewhere I have the same principle for MACD - one of these days I'll find it and make it available.

Hope thats useful to people and good luck.


لقطة

لقطة

لقطة

لقطة
ملاحظات الأخبار
fixed background highlight for non white screens
ملاحظات الأخبار
stronger signal filter
option to make upper stochastic grey
ملاحظات الأخبار
bug fix
ملاحظات الأخبار
bug
ملاحظات الأخبار
.
ملاحظات الأخبار
the script stopped working - must be a pine update

I fixed it and modified the input but I've dropped the divergence - its too complicated to fix. Its the previous revision if someone wants to rescue it...
ملاحظات الأخبار
j
ملاحظات الأخبار
d
ملاحظات الأخبار
d
ملاحظات الأخبار
choose any currency and can see 3 timeframes up
ملاحظات الأخبار
I FORGOT TO ADD REVERSE JPY OPTIONS
ملاحظات الأخبار
THIS TIME I GOT IT
ملاحظات الأخبار
READDED JPY
ملاحظات الأخبار
.
ملاحظات الأخبار
Various updates. The auto divergence is long gone.
ملاحظات الأخبار
gygtuyg
ملاحظات الأخبار
vhgvhgv
ملاحظات الأخبار
improved bgfill

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.