SJ Stoch MFT 3

📊 Stoch MTF 3 TF Direction Only

This indicator is a Multi-Timeframe Stochastic (MTF) designed to identify trade direction by analyzing the Stochastic direction across 3 different timeframes simultaneously.

It focuses only on direction, not overbought/oversold levels, making it ideal as a trend filter to reduce false signals and improve trade accuracy.

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🔧 How It Works

For each selected timeframe, the indicator calculates the Stochastic oscillator and determines its direction:
• 🔼 Bullish → %K is above %D
• 🔽 Bearish → %K is below %D

A signal is generated only when all 3 timeframes agree on the same direction.

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⏱ Configurable Timeframes
• TF1: Default M1
• TF2: Default M5
• TF3: Default M15

All timeframes are fully customizable to fit any trading style.

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🎯 Signals on Chart
• 🟢 BUY Signal
Triggered when Stochastic direction is bullish on all 3 timeframes.
• 🔴 SELL Signal
Triggered when Stochastic direction is bearish on all 3 timeframes.

Signals are displayed as small circles below the candles, keeping the chart clean and readable.

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🔔 Alerts

Built-in TradingView alerts are included:
• BUY signal alert
• SELL signal alert

Suitable for:
• Manual trading
• Automation / Webhook alerts
• EA or trading bot integration

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📌 Best Use Cases
• Scalping and Intraday trading
• Traders who rely on Stochastic
• Multi-timeframe trend confirmation
• Directional filter for any trading strategy

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⚠️ Disclaimer

This indicator is not a standalone trading system.
For best results, combine it with proper risk management, price action, or support/resistance analysis.