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Coding the Smoothed Stochastic Oscillator in Trading View
How to Code and Use the Smoothed Stochastic Oscillator in Trading View
The stochastic oscillator can have many variations, notably the smoothed stochastic oscillator (SSO). This article shows how to create this indicator in Trading View.
The Fibonacci Trading Book is finally out! Filled with Fibonacci-based trading methods (tools, indicators, patterns, and strategies), this book will guide you through improving your trading and analysis by incorporating an important technical analysis approach that is Fibonacci [PDF Version available, see end of article).
The Stochastic Oscillator
One of the known technical indicators is the stochastic oscillator which is a form of data normalization aimed to trap the market values between 0 and 100 so that we get an idea on extreme values. The following chart shows the stochastic oscillator.