My Contribution to Jake Bernstein Educational Series, Initiated by Chris Moody.
The Stochastic Pop was developed by Jake Bernstein and modified by David Steckler. Bernstein's original Stochastic Pop is a trading strategy that identifies price pops when the Stochastic Oscillator surges above 80. Steckler modified this strategy by adding conditional filters using...
HOW TO USE
1. Change chart to Heikin Ashi or Candles
2. When orange 'Drop Coming' text appears, price drops are on their way.
3. Consider taking profits when 'Drop Coming' text appears.
Pro Tip: This indicator Never Repaints!
We have made this indicator alert you with a "Drop Coming" text signal before large price drops occur. When more than one...