Version 1.0 of our MSTx Stochastic indicator helps determine when a trend is strong vs. exhausted. The indicator is a modified version of the original stochastic. We added a second line for further confluence, which acts as support & resistance. The added smoothing toggle of the indicator can help you get a different perspective of the move. We also added a series of Fibonacci levels that act as pivotal areas. We have two highlighted areas that offer volatility. Our Red zone (upper fibs) should prompt you to look for short entries & our Grey zone (mid fibs), which acts as a neutral/range area.
Main line – Faster settings that move through support/resistance quicker.
Signal line- Slower settings that tend to act as support/resistance for our main line.
Strategy:
Shorting- Look for the Main line to cross down into the Signal line & then retest the Signal line. Stronger signal if algo is active (Maroon).
Longing – Look for the Main line to cross up into the Signal line & then retest the Signal line. Stronger signal if algo is active (Green).
This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
Main line – Faster settings that move through support/resistance quicker.
Signal line- Slower settings that tend to act as support/resistance for our main line.
Strategy:
Shorting- Look for the Main line to cross down into the Signal line & then retest the Signal line. Stronger signal if algo is active (Maroon).
Longing – Look for the Main line to cross up into the Signal line & then retest the Signal line. Stronger signal if algo is active (Green).
This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
Notes de version:
V 1.1
- Added alerts for top/bottom exhaustion
- Added alerts for top/bottom exhaustion
Notes de version:
V 1.2
-Added alerts for signal line exhaustion
-Added alerts for signal line exhaustion
Notes de version:
V 1.3
-Fixed alert
-Fixed alert
Notes de version:
V 2.0
-New algo incorporated for HTF confluence
-New band added with specific behavior for HTF analysis (trend band)
-New dot system put in place to give visual on momentum/exhaustion
-New algo incorporated for HTF confluence
-New band added with specific behavior for HTF analysis (trend band)
-New dot system put in place to give visual on momentum/exhaustion
Notes de version:
V 2.1
-Added alerts for signal line exhaustion (black)
-Added bear/bull labels for divs
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-Added alerts for signal line exhaustion (black)
-Added bear/bull labels for divs
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Notes de version:
V 3.0
-Swing mode feature addon
-Swing mode feature addon
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✔ Website: whop.com/patterntraders
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✔ Twitter: twitter.com/onlypatterns
✔ Website: whop.com/patterntraders
✔ Telegram: t.co/svvfkV3H7I?amp=1
✔ Discord: discord.gg/bqvYxc3
✔ Twitter: twitter.com/onlypatterns