Smooth oscillator for divergence

3.67

This oscillator is smooth as the name implies. It also shows hidden divergence arrows. The indicator also has multi timeframe features to make it very flexible to use. The multi time frame features can be adjusted as follows: 1 or M1, 5 or M5, 15 or M15, 30 or M30, 60 or H1, 240 or H4, 1440 or D1, 10080 or W1.


Indicator parameters

  • Timeframe - When set to 0, works on the current timeframe.
  • Draw Divergence arrows - If set to True allows divergence lines to be drawn.
  • Display Alert - If set to True, allows alerts to be displayed when hidden divergence arrow appears.
Reviews 4
mark epsley
290
mark epsley 2019.07.20 17:18 

This is a smoother stochastic. Takes a lot of the confusion and noise out. Multi time frame. If you are familiar with George Lane he uses daily overbought/oversold signal off weekly stochastic readings. This works particularly well with support/resistance and hidden divergence. Very profitable.

cryptobazooka
26
cryptobazooka 2019.01.03 13:35 

Signals are lagging so you need to look at charts manually and don't depend on alerts. But it is much easier to identify Divergences using this indicator.

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A non repainting Indicator based on RSI and EMA. Uses extreme overbought and oversold levels to trade. Very customizable to suit similar strategies with different settings Can serve as a stand alone strategy or combined with other indicators for more effective results. The settings are easy to adjust: EMA - 200 RSI Period default is set to 2 Overbought - 99 Oversold - 1 Email and POP alerts available for reminders
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mark epsley
290
mark epsley 2019.07.20 17:18 

This is a smoother stochastic. Takes a lot of the confusion and noise out. Multi time frame. If you are familiar with George Lane he uses daily overbought/oversold signal off weekly stochastic readings. This works particularly well with support/resistance and hidden divergence. Very profitable.

cryptobazooka
26
cryptobazooka 2019.01.03 13:35 

Signals are lagging so you need to look at charts manually and don't depend on alerts. But it is much easier to identify Divergences using this indicator.

Oluwaseun Oyeleke
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Oluwaseun Oyeleke 2018.10.22 10:57 

User didn't leave any comment to the rating

jrufel1989
333
jrufel1989 2018.05.04 17:12 

It's better to use the default oscillator. Waste of money...

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