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Stochastic Extreme Oscillator [MatrixQuantLabs]
Stochastic Extreme Oscillator is an enhanced stochastic-based oscillator designed to highlight market extremes, momentum shifts, and potential reversal zones with improved visual clarity and signal filtering.
This indicator builds upon the classic Stochastic Oscillator by focusing on extreme zone behavior, peak & trough signals, and optional divergence detection, making it suitable for both discretionary and systematic traders.
Key Features
Extreme Zone Visualization
• Multi-level overbought (80–100) and oversold (0–20) zones with adaptive color intensity help assess the strength and risk level of market extremes at a glance.
Momentum-Aware Coloring
• The %D line dynamically changes color based on its position relative to the zero line, providing an intuitive view of bullish, neutral, and bearish momentum states.
Peak & Trough Signals
• Optional bullish and bearish signals are triggered only when %K / %D cross occurs inside extreme zones, helping filter out low-quality signals in mid-range conditions.
Regular Divergence Detection
• Built-in bullish and bearish divergence detection based on pivot structure, allowing early identification of potential trend reversals.
Clean & Focused Design
• The indicator emphasizes the %D line as the primary signal source, while %K is used internally for logic, keeping the chart uncluttered and easy to read.
Customization
• Adjustable %K / %D lengths and smoothing
• Toggle peak & trough signals on/off
• Optional divergence detection with configurable pivot sensitivity
• Designed to work across different markets and timeframes
Usage Notes
• Best used as a momentum and extreme-condition oscillator, not as a standalone trading system
• Signals are most effective when combined with trend context, price structure, or higher-timeframe analysis
• Divergence signals may appear with delay due to pivot confirmation logic
Disclaimer
This indicator is intended for educational and analytical purposes only and does not constitute financial advice. Always apply proper risk management and confirm signals with additional analysis.
This indicator builds upon the classic Stochastic Oscillator by focusing on extreme zone behavior, peak & trough signals, and optional divergence detection, making it suitable for both discretionary and systematic traders.
Key Features
Extreme Zone Visualization
• Multi-level overbought (80–100) and oversold (0–20) zones with adaptive color intensity help assess the strength and risk level of market extremes at a glance.
Momentum-Aware Coloring
• The %D line dynamically changes color based on its position relative to the zero line, providing an intuitive view of bullish, neutral, and bearish momentum states.
Peak & Trough Signals
• Optional bullish and bearish signals are triggered only when %K / %D cross occurs inside extreme zones, helping filter out low-quality signals in mid-range conditions.
Regular Divergence Detection
• Built-in bullish and bearish divergence detection based on pivot structure, allowing early identification of potential trend reversals.
Clean & Focused Design
• The indicator emphasizes the %D line as the primary signal source, while %K is used internally for logic, keeping the chart uncluttered and easy to read.
Customization
• Adjustable %K / %D lengths and smoothing
• Toggle peak & trough signals on/off
• Optional divergence detection with configurable pivot sensitivity
• Designed to work across different markets and timeframes
Usage Notes
• Best used as a momentum and extreme-condition oscillator, not as a standalone trading system
• Signals are most effective when combined with trend context, price structure, or higher-timeframe analysis
• Divergence signals may appear with delay due to pivot confirmation logic
Disclaimer
This indicator is intended for educational and analytical purposes only and does not constitute financial advice. Always apply proper risk management and confirm signals with additional analysis.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
If you had known me sooner, You would have been in awe of this market!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
If you had known me sooner, You would have been in awe of this market!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。