Updated version of our Profit Runner indicator. All of our invite-only scripts are available through our website profitprogrammers.com. All studies come together with their strategy equivalent!
This indicator uses both a standard Stochastic Oscillator based on security prices and stochastically oscillated OBV values.
Explanation:
Stochastics measure momentum by comparing the current closing price to its lowest and highest price over a user-defined window of n periods. Without going too in depth, traders can view the K value as the current value for...