Ehlers-Smoothed Stochastic Oscillator [Krypt] — Indicator by fskrypt

This indicator is in principle similar to Stochastic Oscillator, but contains the following improvements:
- advanced Ehlers-based smoothing (typically results in earlier signals than regular EMA smoothing)
- graceful degradation when few candles present for improved accuracy in the beginning of the chart
- buy/sell signals based on K-D crossover above/below thresholds

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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