Stoch MultipairsJPY Alert
This is a Stochastic multicurrency indicator based on JPY basket of 7 pairs: AUDJPY, NZDJPY, CADJPY, EURJPY, CHFJPY, GBPJPY and USDJPY.
- The indicator takes around 15 seconds to load up for the first time. It only refreshes itself the first time you put it on the chart to get the true value.
- The indicator can be used for brokers using extra prefixes in currency pair names (upper case).
- It can be used to detect the relative strength of each currency by calculating their Stochastic. You can see it to trade on 7 pairs and any crosspair. It would be better to use it on H4 and D1 timeframes with any session and M15 timeframe on New York session.