OPEN-SOURCE SCRIPT
Stochastic Structure Analyzer
A momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes.
- Stochastic can be used for buy and sell signals as usual.
- The bars at the back represent the stochastic value of the OBV based structure calculation.
- The color of the stochastic line is a preliminary indicator of an up move.
- The fill color between the stochastic lines indicate the trend strength,
How to use: I suggest combining this with a higher timeframe to buy when the both stochastics are crossing below 20 line. And sell when one of the stochastics crosses-down.
This is the stochastic version of the structure analyzer(tradingview.com/script/66qgS9gj-Structure-Analyzer/).
- Stochastic can be used for buy and sell signals as usual.
- The bars at the back represent the stochastic value of the OBV based structure calculation.
- The color of the stochastic line is a preliminary indicator of an up move.
- The fill color between the stochastic lines indicate the trend strength,
How to use: I suggest combining this with a higher timeframe to buy when the both stochastics are crossing below 20 line. And sell when one of the stochastics crosses-down.
This is the stochastic version of the structure analyzer(tradingview.com/script/66qgS9gj-Structure-Analyzer/).
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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