NOTE: // STOCHASTIC CODE TAKEN FROM DEFAULT INDICATOR // I HAVE ONLY MADE SOME ADJUSTMENTS FOR VISUAL AID // I MADE THIS FOR MY OWN USE BUT HAVE DECIDED TO PUBLISH AND SHARE IN CASE ANYBODY WANTS TO USE IT
This is the normal default built-in Stochastic indicator which I have added some stuff for visual aid:
Stochastic background turns green when K line crosses D line UPWARDS, D line is below the oversold level, and price is above selected MA
Stochastic background turns red when K line crosses D line DOWNWARDS, D line is above the overbought level, and price is below selected MA
Alert notification on the crossover candle with background colour change when conditions are met (MA filter)
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Changed alerts to K line detection as it's better, apologies for the confusion and trouble of re-adding the indicator
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Changed to both K and D line as it seems to be the best solution
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Added sharper detection mode (toggleable) that also takes whether the k and d lines of the candle before crossover candle into account
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Added middle line
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Added toggleable background colour change when k line crosses 50
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Added new alerts for non-OBOS crossovers
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MA checking was slightly wrong (used OPEN instead of CLOSE), fixed