HammondB3

B3 Stochastic Full

A colorful take on the classic stochastic indicator, coded from scratch. Enjoy! :)
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Do you have any guide or instructions to how to use your indicator??
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HammondB3 Ettiene1982
@Ettiene1982, well, its hard to call it MY indicator, lol. This is the standard Stochastic Full indicator with some nice paint to show you the turns in it. You may try in google search: "Stochastic trading strategy." Most will talk about the turns at the edges, where mine is hot pink and hot green, as being the best counter trade entries. Hope this helps. :)
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Updated:

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I'm not sure that people realize what a great tool this is, especially if you set K to 50 (and then use the central 50 line to determine whether the stock is bullish or bearish, like the Slow RSI 14). HammondB3, is there a way to add bar coloring to this? That's all that I see as potentially lacking. Overall, excellent tool.
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HammondB3 roytrading
@roytrading, very simple in fact
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HammondB3 roytrading
@roytrading, add this to the bottom of the script & voila :
barcolor(c2)
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