We present to your attention the Dynamo Stochastic indicator which is a regular stochastics with the increased accuracy and efficiency. It is placed in section Indicators - Oscillators
at graphics it looks as following:
Settings of the indicator:
KPeriod – the period of the oscillator.
DPeriod – the period of the alarm line of the oscillator.
Slowing (Delay) – smoothing of lines %К and %D.
In Dynamo Stochastic it is possible to set levels, as shown at the graphics below:
And buy when the line touches the lower level,
and to sell when it reaches the top level. Also as well as the majority of oscillators, this indicator is better to apply as the filter of signals of trend indicators. We wish you high profit.
This indicator can be discussed at forum