StochasticRainBow
- Indicadores
- Kourosh Hossein Davallou
- Versión: 1.0
A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result. It is used to generate overbought and oversold trading signals, utilizing a 0-100 bounded range of values.
This indicator show 15 stochastic on one chart.
Thank you very nice indicator! Please add MT5 version... regards