Stochastic based an indicator, on chart

指定

Hello.

I have an idea to extend the indicator line in the lower window of the Stochastic indicator to the overbuy and oversell levels and adapt it to the upper window.

I would be very happy if it interests you.
It is largely understandable from the attached images. * I have also added the .pdf explanation file. Please download.


Stages:


1-) Extension of the lower indicator line of the stochastic indicator by interpolation to overbought or oversold points, depending on the direction.

Towards target 0 - 10 - 20 (OS) or towards target 80 - 90 -100 (OB).

2-) Extending these extended lines forward by reflecting/adapting them to the upper graph with interpolation according to the bar and price determined in accordance with the slope.

3-) Creating a new trend line (blue line) by connecting the extreme points of these extended lines (orange line) when each new bar is updated. The main purpose is the blue line.

4-) Multiplying this process. In other words, multiplying the 1 stochastic blue line created as many times as desired in different periods with the same principle. For example, multiplying it up to 20 - 50 or 100 times with 10% period intervals.

In other words, creating 100 - 200 blue lines in different periods. multiplexing.

5-) And if it is possible to code, for example if we are in the M15 window, the same process will take place in the background in H1 and will be seen in the M15 window.

Same working principle in different time zones, so other lines can be seen in the current window. Multi-time zone working. (if possible)


*Please download the attached *.zip file and examine the images.


Thank you.

ファイル:

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