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This indicator is inspired by Donchian channel.
However, instead of periods, it draws the channel based on the price information of the bar of the selected timeframe, including high, low,...
Simply Stochastic Oscillator with multi timeframe functionality.
Looks interesting to see how H1's 5, 3, 3 Stochastic gives an early signal for reversal on 5 minutes timeframe.
*Actually I never use Stochastic...
Instead of using the popular MA periods like 50, 100, 200, or Fibonacci numbers, I prefer to use the actual periods of the daily, weekly, monthly or even yearly to...