Kase Permission Stochastic smoothed indicator + alerts - is an indicator created by the famous institutional trader Cynthia Case and finalized by the author of many popular indicators mladen.
Kase Permission Stochastic smoothed + alerts indicator is Stochastic, built on the basis of combined bars, each of which is a "pseudo-bar" composed of the last 5 bars Thus, this indicator is calculated on charts whose time scale is 5 times larger, but is displayed on the original charts and is therefore less prone to false positives.
The signal to open a position is a crossing of the indicator lines. In this case a window with a text message on trend change and an audible alert appears. It is possible to send a message to e-mail.
According to the experts of ForTrader magazine, the right parameters Kase Permission Stochastic smoothed indicator + alerts The new Stochastic will allow you to use it in trading strategies instead of the standard Stochastic, which will increase the profitability of trading.