Using 2 time frames on this one seems to work well....so only play the direction of the higher time frame
UDAY_C_Santhakumar
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Nature of All Stochastic Indicator - Long time frame - trend (play the short term dips)
UDAY_C_Santhakumar
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Theory is find stocks in extreme oversold while the long term is Bullish and vice versa. I would ignore the first buy trigger. And would like ignore the last buy trigger, which can be predicted to an extent, but not 100%. Keep your risk intact and play it with caution.
Simple strategy ideal for any beginner, who is willing to play oversold / overbought. In my books, a single timeframe oversold / overbought does not make sense, unless such happens against the trend.
YaminAlharbi
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HI could you plz make it color the bar instead of arrow up and down ?or keep them both plz
mahshafa
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hi , is there any way to convert the script to v4 or v5?
fabfoot
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Could you change the script to have the red and green arrows present themselves 1 candle before it does? I am not a script writer so I'm just thinking.
ChrisMoody
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Nice implementation of the plotchar ... plot type....
UDAY_C_Santhakumar
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Thanks, always great to see a pro coder comments...