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Stochastic Swing Low Multi Time Frame Indicator

Stochastic Swing Low Multi Time Frame Indicator is on the most advanced indicators based on both Swing Low and Stochastic trading strategies. It supports multiple time frames i.e. by attaching the indicator on a single chart one can see the Stochastic Swing Low values for all the other time frames on a single chart. One would just have to select the time frames for which he wants to see the calculated values.


Features

  • On the chart, one can set the option to view the Stochastic Swing Low calculated values and the Stochastic Swing Low graph along with the Swing Low values marked on the graph for all the time frames.
  • Set the condition to check the perfect bar condition for Swing Low calculation.
  • Set the number of bars before the current bar to check for the perfect bar criterion.
  • Set the number of bars after the current bar to check for the perfect bar criterion.
  • View the Stochastic graph of different time frames on a single chart along with Swing Low Stochastic calculated values marked on the graph for different time frames.
  • Option to view the swing low points on the chart or along with the point values.
  • Change the default colors of the text blocks, chart lines and set your own colors.


Input Parameters

  • K_PERIOD: Set stochastic indicator parameter
  • D_PERIOD: Set stochastic indicator parameter
  • SLOWING: Set stochastic indicator parameter
  • MA_METHOD: Select from Simple, Exponential, Smoothed or Linear Weighted for MA
  • PRICE_FIELD: Set the price
  • STOCHASTIC_MODE: Select from Mode Main, Mode Signal or Mode Both
  • SHOW_STOCHASTIC_M1: Enable/Disable for Stochastic calculations on M1 chart
  • SHOW_STOCHASTIC_M5: Enable/Disable for Stochastic calculations on M5 chart
  • SHOW_STOCHASTIC_M15: Enable/Disable for Stochastic calculations on M15 chart
  • SHOW_STOCHASTIC_M30: Enable/Disable for Stochastic calculations on M30 chart
  • SHOW_STOCHASTIC_H1: Enable/Disable for Stochastic calculations on H1 chart
  • SHOW_STOCHASTIC_H4: Enable/Disable for Stochastic calculations on H4 chart
  • COLOR_M1: Set the text color for M1 calculated value. Create it as you like it best.
  • COLOR_M5: Set the text color for M5 calculated value. Create it as you like it best.
  • COLOR_M15: Set the text color for M15 calculated value. Create it as you like it best.
  • COLOR_M30: Set the text color for M30 calculated value. Create it as you like it best.
  • COLOR_H1: Set the text color for H1 calculated value. Create it as you like it best.
  • COLOR_H4: Set the text color for H4 calculated value. Create it as you like it best.
  • SHOW_SWING_LOW: Enable/Disable Stochastic Swing Low point that will marked on the chart
  • STOCHASTIC_SWING_LOW_LEFT_BAR_PERFECT: Enable this value to check for perfect bar condition on the left of current bar
  • STOCHASTIC_SWING_LOW_LEFT_BAR_NUMBER: How many bars before the current bar the perfect bar condition should check. Set this parameter, if have you have enabled the previous parameter.
  • STOCHASTIC_SWING_LOW_RIGHT_BAR_PERFECT: Enable this value to check for perfect bar condition on the right of current bar
  • STOCHASTIC_SWING_LOW_RIGHT_BAR_NUMBER: How many bars after the current bar the perfect bar condition should check. Set this parameter, if have you have enabled the previous parameter
  • SHOW_LOW_VALUE: Set this value to show the Stochastic Swing Low value on the chart. Choose whether to enable or disable this value. As per your convenience.
  • PEAK_COLOR_M1: Set the color of Swing Low point for M1. Create it as you like it best
  • PEAK COLOR_M5: Set the color of Swing Low point for M5. Create it as you like it best
  • PEAK_COLOR_M15: Set the color of Swing Low point for M15. Create it as you like it best
  • PEAK COLOR_M30: Set the color of Swing Low point for M30. Create it as you like it best
  • PEAK_COLOR_H1: Set the color of Swing Low point for H1. Create it as you like it best
  • PEAK COLOR_H4: Set the color of Swing Low point for H4. Create it as you like it best


How to Use

Enable the time frames for which you want the Stochastic Swing Low plot.

Example: Suppose you want the plot for H1 time frame then set the SHOW_STOCHASTIC_H1 input parameter as true.

Stochastic Swing Low Multi Time Frame Indicator is one most useful and time saving indicators. Traders can view the Stochastic Swing Low values for the all-time frames on a single chart.
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