Advanced Stochastic Oscillator featuring dual lines, a three-level system, multi-timeframe support, customizable visual signals, and a highly configurable alert system.
What is the Stochastic Oscillator?
The Stochastic Oscillator is a momentum indicator that compares an asset's closing price to its price range over a specific period.
The indicator consists of two lines: %K (main line) and %D (signal line, a moving average of %K).
The Stochastic oscillates between 0 and 100. High readings indicate overbought conditions, while low readings indicate oversold conditions. Crossovers between the %K and %D lines, as well as movements across level thresholds, are commonly used as trading signals
- Dual-line Stochastic (%K and %D) with a three-level system (High, Medium, Low)
- Visual signal markers (arrows, vertical lines) with three configurable, independent signal buffers
- Advanced signal detection: direction change, line crossover, level crossover, and peak/trough detection for both lines
- Configurable alert functions (email, push, sound, popup) with time-interval filtering
- Multi-Timeframe (MTF) support with interpolation, multiple color modes, and iCustom buffer access for EA integration
- Input Parameters:
- Basic Settings:
- Stochastic parameters: K Period (default: 5), D Period (3), Slowing (3), MA Method, Applied Price.
- Multi-Timeframe: Stochastic timeframe selection and MTF interpolation mode.
- Level Settings:
- Level configuration: Toggle visibility, set High/Low thresholds, optional center level display.
- Level appearance: Customize color, style, and width. Signal Settings:
- Signal triggers: Configure 3 independent signals with detection types (direction change, line crossing, level crossing, peak/valley).
- Visual markers: Arrows and vertical lines with customizable size, style, position, Wingdings codes, and colors.
- Alert Settings:
- Alert configuration: Timing (Off/After close/Before close/Both), interval limit, time interval filter.
- Delivery methods: Email, push notification, popup, sound with file selection.
- Color and Style Settings:
- Color modes: Simple, crossover variants, Direction, Direction with levels, Level-based (8 modes in total).
- Display options: Histogram mode, line appearance customization (4 colors, style, and width for both lines).
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