Stochastic Histogram

Stochastic Histogram (Stoch-H)

This indicator visualizes the difference between the %K and %D lines of the stochastic oscillator as a histogram. The histogram bars are color-coded for easy interpretation:

- Green bars indicate positive values (%K is greater than %D).
- Red bars indicate negative values (%K is less than %D).

This tool is designed to help traders identify potential trend shifts and overbought/oversold conditions at a glance. Customize the %K, %D, and smoothing periods to fit your trading strategy. Perfect for traders seeking a straightforward, visual representation of stochastic momentum.