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
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.