Free indicator

Stochastic oscillator according to the theory of stochastic threads Spud Description:

The indicator contains 8 stochastic oscillators.The parameters “deceleration” and “period %D” are left by default – 3. The parameter %K will change from 6 to 24.

Thus, we have 8 stochastics with parameters (6, 3, 3), (9, 3, 3), (12, 3, 3), (14, 3, 3), (16, 3, 3), (19, 3, 3), (21, 3, 3), (24, 3, 3).

All indicators use only the main line, and the signal line is disabled. When all the Stochastics come together and form one thin line (the threads are woven into a rope), then we are preparing for a deal. The rope should form a top and turn in the opposite direction. It is at this time that we need to open a position. This vertex should be in the overbought/oversold area or near the boundaries of these areas.

The arrows are set at the moment when all stochastics exit the overbought/oversold areas.

1.8 KiB