TEAMTRADER wrote: Wed May 10, 2017 7:00 am No, the two levels are buy and sell signals when either of them are broken up or broken 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
TEAMTRADER