About This Indicator:
The advanced stochastic forecaster comprises of a stochastic oscillator with a key component that forecasts the necessary price level for the stochastics to reverse direction. Knowing information of what price levels are required for momentum to flip up or flip down is crucial in determining a bias for a trader and the advanced stochastics forecaster fits all the checkboxes. Not only that, the stochastics background changes colour in the presence of a bull or bear bias using fibonacci zones too. The info-box at the right side has information on the price level required to flip stochastics, bull bear bias, and a flashing buy/sell signal based on our secret configuration to add to trading confluence. To make this indicator even more irresistible we have included a correlation coefficient histogram which spots deviations in the oscillator direction and price direction, giving traders the edge they require in a highly efficient market where edge is slim.
What your subscription provides:
1. Advanced Stochastic Forecaster with info-box
2. Advanced Stochastic Forecaster (Plot Line)
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An example of the Advanced Stochastics Forecaster with all signals flashing. Flip level, Bullish Bias, Buy Signal however there is a correlation deviation alert, implying that the move upward could come to an end soon and it might be wise to trade a counter-move based on a trader's strategy.
A zoomed in version of our indicator to have a clear view of the display info-box
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