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?
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