ScalperIntel
Stochastics Heatmap
Stochastics Heatmap
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Stochastics is one of the most used Indicators in Financial Markets. This indicator combines 28 stochastics with various lengths (Long and short terms) in one oscillator and stack them vertically. Values of each stochastic is converted to a color, providing easy to use trading signals and confluence. Lower lines in the oscillator are shorter term stochastics and higher lines are longer term stochastics.
The average of all the stochastics is also plotted and used to color the candles.
When stochastics value exceeds 70, It would be a good confluence for a Long Position, and when it drops below 40, it would confirm a declining market signal.
Example Color Scheme
| Stochastics Value | Color |
| 90 - 100 | Dark Red |
| 80 - 90 | Dark Orange |
| 70 - 80 | Orange |
| 60 - 70 | Yellow |
| 50 - 60 | Lime Green |
| 40 - 50 | Navy |
| 30 - 40 | Dark Blue |
| 20 - 30 | Blue |
| 10 - 20 | Light Blue |
| 0 - 10 | Cyan |
Features
Features
Recommended Timeframe
Recommended Timeframe
Multi-Timeframe
Supported Systems
Supported Systems
NinjaTrader 8, Bloodhound 1 or 2, Blackbird 1.0, and NinjaTrader Strategy
Version
Version
1.0
First Release Date
First Release Date
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License Terms
Prices presented above are per Single Machine.
Version minor upgrades and bug fixes are included within the lifetime license. For more license details, review Terms of Service
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Refund Terms
7-days 100% money back guarantee when trial licenses was not offered for the customer. For more details, review Refund Policy