divergence software, inc.
Development & Consulting Services
Product Detail
LMS Stochastic Predictor
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
A variation of John Ehlers prediction filter algorithm is utilized in this script to create a 'stochastic predictor'. The script plots 2 lines: the predicted value based upon the filter calculations and a smoothed slow stochastic value. Long trades would be indicated when the red prediction line crosses over the slow stochastic and short trades would be indicated when the red prediction line crosses under the slow stochastic.
Specifications
- Product ID: IND05
- Study only, no source code provided
- Requires eSignal 12.x or newer