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StochasticMTF

📈 The indicator displays the Stochastic oscillator indicator readings of four time frames simultaneously in the lower window of the chart.

An example of a possible use:

  • the direction of all indicator lines in one direction is a sign of a strong trend.
  • The use of the lag factor - in the case of the indicator lines staying in one area for a long time - is a sign of trend "fatigue", its stop or reversal.
📈 The indicator is redrawn only within the candlestick of its own timeframe.

📈 The indicator has flexible settings similar to those of the standard Stochastic indicator.
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