Violent

Stochastic Candles

A series of up to 28 stochastics oscillators used to form an average stochastic value, which is then used to colour the candles based on the momentum.
Each candle can be coloured one of ten colours and each one represents a position on the stochastic oscillator.
The indicator helps traders to visualise the momentum and helps trend following.

Inputs:

MA: multiple smoothing methods
Theme: multiple colours
Increment: stochastic length start and increments
End: stochastic length end
Smooth: smooth stochastic
Catatan Rilis: Updated colours and default plotNumber.

Skrip open-source

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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