OPEN-SOURCE SCRIPT
已更新 Arustysponge Color changing Stochastic
Changes candle color based on thresholds set on stochastic. can be set to day trade swing trade or long trade.
發行說明
Keep bar collars the same through thresholds發行說明
MTF Stochastic Bar ColorThis indicator is a highly customizable Multi-Timeframe Stochastic tool designed to highlight momentum breakouts and trend reversals. It allows you to select any timeframe (e.g., Daily) and displays the Stochastic oscillator in a sub-pane while coloring the main chart candles based on the oscillator's behavior.
Core Features & Logic Modes:
It features two distinct operating modes that change how the candles are colored:
15 Minute Mode (Breakout / Extremes):
Green: Candles turn green when the selected Stochastic source (%K or %D) pushes above the Upper Threshold (default 80), signaling strong bullish momentum.
Red: Candles turn red when the source drops below the Lower Threshold (default 32), signaling strong bearish momentum.
Gray: If the Stochastic is anywhere in the middle zone between the thresholds, the candles are explicitly painted Gray to override the chart, signaling a neutral momentum zone.
Daily/Weekly Mode (Trend Reversal):
Green: Candles turn green when the Stochastic is above the Upper Threshold.
Red: Candles turn red when the Stochastic is below the Lower Threshold.
Reversal Tracking (Middle Zone): When the Stochastic is floating between the two thresholds, the candle color strictly follows the direction of the oscillator. If it is pointing up, the candles are Green; if it reverses and points down, they immediately flip to Red.
Additional Settings:
Signal Source Selection: Choose whether the color logic is driven by the faster %K line or the smoother %D line.
Wait for Close: An option to lock the logic to fully closed bars to prevent repainting.
Fully Customizable Thresholds & Timeframes: Adjust the overbought/oversold levels and the MTF resolution to fit any trading style or chart interval.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。