OPEN-SOURCE SCRIPT
Adaptive Double EMA Stoch

Inspired from the Works of Double Smoothed Stochastic by Walter Bressert,
I present to you!
Adaptive Double EMA StochWhich Performs adaptively to the volumetric trends,
So the Green and Red Area Regions which you over the Stoch Indicator is the direction in which you should trade, These Areas are formed by a volumetric adaptive stoch, of adaptive period determined by the crosses of VWMA 55 and VWMA 200
The blue line is a stationary fixed length Double EMA Stoch of length 14,
How to Trade
1. Get the Status of the Trend : green area, for Bullish and red for Bearish from adaptive stoch
2. Check for the First Overbought (of stationary Stoch / blue line above 80) in Bearish Trend to go short
and similarly first Oversold (blue line below 20) in Bullish Trend to go long!
Enjoy!
I present to you!
Adaptive Double EMA StochWhich Performs adaptively to the volumetric trends,
So the Green and Red Area Regions which you over the Stoch Indicator is the direction in which you should trade, These Areas are formed by a volumetric adaptive stoch, of adaptive period determined by the crosses of VWMA 55 and VWMA 200
The blue line is a stationary fixed length Double EMA Stoch of length 14,
How to Trade
1. Get the Status of the Trend : green area, for Bullish and red for Bearish from adaptive stoch
2. Check for the First Overbought (of stationary Stoch / blue line above 80) in Bearish Trend to go short
and similarly first Oversold (blue line below 20) in Bullish Trend to go long!
Enjoy!
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.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
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.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.