Hi,
Does anyone know if there is a stochastic indicator that colors when it crosses up from below through a specified level and stays this color until it has gone above a specified level and crosses/turns down from that level and then changes color until it reaches the ground level etc...
So basicallly, (using 20/80 levels and red/blue for this example):
1) the stochastic colors blue when crossing up from below 20 and will stay blue, either if it goes up or down (within the 20/80 zone), as long as the stochastic hasn't been above the 80 level.
2) the stochastic colors red when crossing down from above 80 and will stay red, either if it goes up or down (within the 20/80 zone), as long as the stochastic hasn't been below the 20 level.
I have searched for and looked at several colored stochastic indicators, but couldn't find one with the above mentioned specifications. It would be greatly appreciated if someone can share an indicator like that with me!!
Thanks,
PBB
Please see the image below, the salmon colored part is the part of the stoch that should stay red, at the end it should turn blue for as long as the 80 level is not reached.
Does anyone know if there is a stochastic indicator that colors when it crosses up from below through a specified level and stays this color until it has gone above a specified level and crosses/turns down from that level and then changes color until it reaches the ground level etc...
So basicallly, (using 20/80 levels and red/blue for this example):
1) the stochastic colors blue when crossing up from below 20 and will stay blue, either if it goes up or down (within the 20/80 zone), as long as the stochastic hasn't been above the 80 level.
2) the stochastic colors red when crossing down from above 80 and will stay red, either if it goes up or down (within the 20/80 zone), as long as the stochastic hasn't been below the 20 level.
I have searched for and looked at several colored stochastic indicators, but couldn't find one with the above mentioned specifications. It would be greatly appreciated if someone can share an indicator like that with me!!
Thanks,
PBB
Please see the image below, the salmon colored part is the part of the stoch that should stay red, at the end it should turn blue for as long as the 80 level is not reached.