STO‴ is a Stochastic oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see colored lines when it changes its direction.
What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.
To have access to this indicator, please contact me at: contato @ moneywise . com . br
Believe me, this indicator will make your life much easier!
Notes de version
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Under validation
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A new feature: - upward and downward arrow signing the STO crossover/crossunder movement.
Notes de version
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Just added a better description to the indicator.
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Added Histogram Expantion/Contration Arrow Sign.
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Update to change the chart, making it a clearer view.
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Due to the fact that I have Traders requesting the original STO with colors only, I turned back this indicator to its original format. If you want the STOH (with histogram), I just released the new one. So this current STOc‴ our Stochastic Colored is a Stochastic oscillator as the original one but this allows you to have a better understanding and interpretation of its behavior once you are able to:
1. see colored lines when it changes its direction; 2. see colored arrow upward/downward when the %K line crossover/crossunder the %D line; 3. see the indicator with Ordinary or Directional Momentum OHLC values; 4. far right side of the indicator shows bars to that provides the buy/sell signal status:
Believe me, this indicator will make your life much easier!
To have access to this indicator, please contact DM me.