OPEN-SOURCE SCRIPT

Stochastic Alignment Trend

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Stochastic Alignment Trend
The Stochastic Alignment Trend is a momentum-based oscillator designed to identify high-probability trend entries by monitoring the synchronization of four different Stochastic time horizons. By looking for "Alignment"—where short, medium, and long-term momentum all move in the same direction—traders can isolate periods of strong market conviction.

How It Works
The indicator tracks four Stochastic values with distinct parameters:

  • Short-Term: (9, 3) - Red Line
  • Medium-Short: (14, 3) - Pink Line
  • Medium-Long: (40, 4) - Green Line
  • Long-Term: (60, 10) - Blue Line

The script calculates the Stochastic Average of these four values (thick center line) and monitors the directional slope of every component simultaneously.

Key Features
  • Directional Alignment: A signal is generated (and highlighted in the background) only when all four Stochastic lines and their average are moving in the same direction.
  • Smart Filtering: Bullish/Bearish triangles appear when alignment starts, but are automatically filtered out if the Average Stochastic is in extreme zones (Above 80 or Below 20) to prevent entering late into exhausted trends.
  • Extreme Zone Highlighting: When all four Stochastics enter an extreme state (simultaneously above 80 or below 20), the background changes to a darker vivid color, signaling a potential reversal or deep over-extension.
  • Momentum Fill: A vertical gradient fill from the 50-level tracks the current momentum of the average line, changing color based on direction.


Visual Guide
  • Thick Line (Average): Green when moving up, Red when moving down.
  • Background Light Green/Red: All 4 Stochastics are aligned in direction.
  • Background Dark Green/Red: All 4 Stochastics are in the Oversold (<20) or Overbought (>80) zones.
  • Triangles: New momentum alignment within the "Healthy" trading range (20-80).


Settings
  • Stochastic Inputs: Customize the length and smoothing for each of the four engines.
  • Global K Smoothing: Adjust the internal %K smoothing applied before %D calculation.
  • Thresholds: Modify the 80/20 levels to suit different market volatilities.


Suggested Tags
Stochastic Momentum Multi-Timeframe Trend Oscillator

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