Stochastic Crossover with Arrows & Alerts [TED]

This indicator plots the Stochastic Oscillator’s %K and %D lines on the chart with additional visual cues and alerts for crossovers. It’s designed to identify potential trend reversals using Stochastic oscillator crossovers, with easy-to-read arrow markers and custom alert conditions.

Features:

Stochastic %K and %D Plot: Displays the %K and %D lines of the Stochastic Oscillator for overbought/oversold conditions.

Visual Cues: Small green upward arrows for bullish crossovers and red downward arrows for bearish crossovers, displayed directly on the chart.

Overbought/Oversold Levels: Highlights the 80 (Overbought) and 20 (Oversold) levels, with a middle band at 50, allowing you to easily spot extreme conditions.

Alerts: Receive real-time notifications when crossovers happen on the current or previous bar, ensuring you never miss a potential entry or exit signal.

Customizable Periods: Allows you to adjust the %K, %D, and smoothing periods according to your trading preferences.

How It Works:

Bullish Crossover (Green Triangle): When the %K line crosses above the %D line, signaling potential upward momentum.

Bearish Crossover (Red Triangle): When the %K line crosses below the %D line, signaling potential downward momentum.

Alerts: Get notifications for crossovers on the current or previous bar to stay ahead of the market.