Indicator Description
The Advanced Stochastic Helper is designed to provide traders with a clearer view of market trends and momentum by enhancing the traditional stochastic indicator. With additional smoothing and filtering options, it becomes easier to identify overbought and oversold conditions in various market environments.
Advanced Stochastic Helper in action on a selected financial instrument.
Complete list of features included in this indicator:
- Smoothed Stochastic: Reduces noise to give clearer overbought/oversold signals.
- Customizable %K and %D lengths: Allows adjustments to match your trading strategy.
- Overbought/Oversold levels: Configurable levels to identify entry/exit points.
- ASI and ADMF option: Adds advanced filtering with Absolute Strength Index (ASI) and Money Flow (ADMF) options for more refined analysis.
- Record low/high ASI and ADMF markers: Highlights record high and low points on ASI/ADMF plots.
All options come with default settings that can be customized based on the specific market instrument you are analyzing. You can also configure alerts to be notified whenever a new signal is generated by the indicator. These alerts are condition-based, allowing you to selectively enable or disable specific alerts according to your trading strategy.