Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Tidal Wave



this indicator measures the velocity of the slow stochastic

it will turn before the stoch turns

it will show divergence before MACD does


in the illustration, I have included the slow stochastic for your comparison.







Share this post

Link to post
Share on other sites

i tried copying and pasting the txt code into my tradestation to create the indicator and it doesnt plot. anyway to create an eld for me so I can watch it? thanks!



Share this post

Link to post
Share on other sites

what is the best way to use this indicator and with what other indicator(s) do you couple it with?




This is a derivative of Stochastic...

As a trial run, I would suggest users to put the indicator side-by-side with Stochastic and observe the behavioral difference.



As with any oscillator, it was not designed to work alone -- always use it in conjunction with a trend indicator.

Edited by Tams

Share this post

Link to post
Share on other sites

if you are interested in more advanced methods in programming pivots, here's an useful tutorial:

(p.s. this is not the method I used in Tidal Wave.)


Tutorial 26 | Diveregence between price and a stochastic indicator


[ame=http://www.youtube.com/watch?v=gJY5IArZptc&feature=player_embedded]YouTube - Tutorial 26 | Stochastic divergence | Tradestation EasyLanguage tutorials from Markplex.com[/ame]

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.