Stochastic With Flat v.2 indicator: timely detection of a flat

Stochastic With Flat v.2 indicator is a modification of Stochastic standard oscillatorThe function of determining the start and end of a flat is added to it. For this purpose the readings of the other standard Bollinger Band indicator.

Interpretation of Stochastic With Flat v.2 indicator readings

Along with the standard functions of the oscillator, the Stochastic With Flat v.2 indicator displays flytrapWhen the width of Bollinger Bands becomes less than the set width. In this version of the indicator, unlike the previous one, it is possible to change the settings of Bollinger Bands.

According to ForTrader.org experts, the Stochastic With Flat v.2 indicator can increase the efficiency of trend trading strategies when used as a filter.

Download Stochastic With Flat v.2 indicator

Other modifications of the Stochastic indicator