OPEN-SOURCE SCRIPT
EQT Stochastic Ribbon

EQT Stochastic Ribbon is a modified Stochastic Oscillator with ribbon fill visualization.
Features:
- Dynamic color ribbon that changes based on trend direction (Blue for bullish, White for bearish)
- Crossover signals with triangle markers when %K crosses %D
- Customizable colors and signal offset
- Dashed lines at 80/20 levels for overbought/oversold zones
How to use:
- Blue ribbon = Bullish momentum (%K above %D)
- White ribbon = Bearish momentum (%K below %D)
- Triangle up = Buy signal (K crosses above D)
- Triangle down = Sell signal (K crosses below D)
Settings:
- K, D, Smooth - Standard Stochastic parameters
- Signal Offset - Distance of signal arrows from the line
- Bullish/Bearish Colors - Customize ribbon and signal colors
Features:
- Dynamic color ribbon that changes based on trend direction (Blue for bullish, White for bearish)
- Crossover signals with triangle markers when %K crosses %D
- Customizable colors and signal offset
- Dashed lines at 80/20 levels for overbought/oversold zones
How to use:
- Blue ribbon = Bullish momentum (%K above %D)
- White ribbon = Bearish momentum (%K below %D)
- Triangle up = Buy signal (K crosses above D)
- Triangle down = Sell signal (K crosses below D)
Settings:
- K, D, Smooth - Standard Stochastic parameters
- Signal Offset - Distance of signal arrows from the line
- Bullish/Bearish Colors - Customize ribbon and signal colors
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.