Stochastic Divergence (TOS Mobile App Compatible!)
This package includes two custom ThinkOrSwim studies for Stochastic Divergence. This indicator is used to determine the divergence between the Full Stochastic D and price. When the stochastic makes a lower low and price makes a higher low, this is known as a divergence. These divergences can be used to signal price reversals. Chart indicator also works on ThinkOrSwim mobile app!
- Their are four indications (Bull Divergence, Bull Continuation, Bear Divergence, Bear Continuation) and the arrow colors can all be customized.
- This package includes two ThinkOrSwim indicators, one for the chart and the other as a lower study.
- This indicator works across all securities.
- The Stochastic is customizable for
- Fast K
- Fast D
- Slow K
- Slow D
- Over sold
- Over bought
- Alerts on
- The slow K plot is available to show the long term trend.