Multi-Timeframe Stochastic Signals with Smoothing Options

Summary

This indicator combines three stochastic oscillators, with configurable periods and smoothing choices for their %K and %D lines. The first oscillator uses the chart timeframe, while the second and third can use selected higher timeframes. Higher-timeframe values may be drawn as stepped or sloped lines, and the display can include clouds and alerts.

The described signal rule places an upward marker when the first stochastic's main line crosses above its signal line and the higher-timeframe %K lines are above their %D lines. A downward marker follows the inverse conditions. The document describes the indicator's settings and signal logic, but provides no backtest, performance evidence, or guidance on risk controls; signals alone do not establish a profitable strategy.

Key ideas

• The indicator combines three stochastic oscillators with configurable calculation periods and smoothing.
• The first oscillator uses the chart timeframe, while the other two can use higher timeframes.
• An upward marker requires a bullish first-oscillator crossover and bullish higher-timeframe readings.
• A downward marker requires the corresponding bearish crossover and higher-timeframe readings.
• The document gives no performance testing or risk-management evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.