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StoZone

The indicator shows overbought/oversold zones based on a standard Stochastic.


Indicator parameters

Stochastic settings:

  • K_PERIOD - 5
  • D_PERIOD - 3
  • Slowing - 3

Working hours:

  • Start_Hour - operation start hour.
  • Start_Min - operation start minute.
  • End_Hour - operation end hour.
  • End_Min - operation end minute.

Alert settings:

  • Push_Notifications, enable or disable sending of push notifications to your smartphone.


Signals to open orders

  • In the oversold zone, the color of candlesticks begin to change to blue, indicating a possible beginning of the upward price movement.
  • In the overbought zone, the color of candlesticks begin to change to red, indicating a possible beginning of the downward price movement.

On the chart, you can see an additional X signal, which can be red and blue.


Signals to close orders

  • When X is red, it is recommended to close all sell orders.
  • When X is blue, it is recommended to close all buy orders.
  • Not repainting
  • Not lagging

Test this product for free in the strategy tester before purchasing it.

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