Best Stochastics Indicator

The Stochastics Oscillator is a momentum indicator used to find overbought and oversold levels. The stochastics are calculated using the most recent closing price, lowest and highest price in the past X trading periods and a 3 day SMA. The stochastics tend to move before price changes occur and can be used to find price reversals.

The Best Stochastic Indicator includes the following features:

Choose between Stochastics or Stochastics Fast logic.

Various signal options can be plotted in the lower panel and on the price bars. Signal logic can also be reversed. options for Buy/Sell signals based on oversold/overbought conditions and triggers. Highly flexible arrow plots in the lower panel along with an option to plot standard NinjaTrader Chart Markers on the price bars.

• Extreme Enter – K crosses into overbought or oversold area
• Extreme Exit – K crosses out of overbought or oversold area
• Extreme Crossover – K and D lines cross in overbought or oversold area
• Extreme Slope Change – K slope changes in overbought or oversold area

Display the current trend status, including or not including a neutral status option.

• Trend is colored based on last condition, overbought or oversold.
• When a neutral trend is enabled, neutral trend is possible when the Stochastics is not overbought or oversold.

Plot color – customizable based on status of stochastic k line.

Area Color – Customizable Fill color and opacity for overbought and oversold areas.

Bar color – color the bars based on signals or current trend status.

Background color – color the background based on signals or current trend status.