OPEN-SOURCE SCRIPT
KT_Smooth_Stochastic
I normally don't publish my indicators. However, I couldn't find a smoothed stochastic on TradingView officially or unofficially. This is a standard implementation of a smoothed Fast Stochastic where %K and %D are calculated and then smoothed by n periods. This helps to reduce chop and gives better extreme signals.
I have defaulted the indicator to use commonly used settings where %K is over 14 periods, %D is over 7 period, and the smoothing factor is 3 periods. I have also defaulted the extreme lines to an upper band of 80, mid band of 50, and lower band of 20. However, my favorite settings are %K = 10, %D = 10, Smooth = 3, upper band = 75, mid band = 50, and lower band = 25.
I have defaulted the indicator to use commonly used settings where %K is over 14 periods, %D is over 7 period, and the smoothing factor is 3 periods. I have also defaulted the extreme lines to an upper band of 80, mid band of 50, and lower band of 20. However, my favorite settings are %K = 10, %D = 10, Smooth = 3, upper band = 75, mid band = 50, and lower band = 25.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.