No, the two levels are buy and sell signals when either of them are broken up or broken down.mladen wrote: Wed May 10, 2017 5:15 am Wouldn't that be the same as when the lower level is crossed up or higher level is crossed down?
The normal Stochs level indicator just gives a buy signal when crossing below the lower level and a sell signal when crossing above the upper level. The reality is that when the chart is in a trend, the stochs stays below the lower level and above the upper level. This is what I am trying to achieve with this indicator.
Thanks
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