Hi Nikolay,
Thanks for sharing the indicator.
I got a few errors when compiling the code, wondering if you have any ideas?
Files:
uaw3_20211003212145.jpg
149 kb
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StochasticExpansion:
Good old stochastic oscillator. The difference from the standard one is that it shows overbought and oversold areas in a more visually convenient fashion.
A sharp peak is a good signal for a trend reversal (or temporary consolidation).
Author: Nikolay Kositsin