Hello traders,
I was wondering if anyone knows of a stochastics indicator that will not post or draw it’s current value until the current candle/bar closes. All of Ninjatrader indicators (I believe) will not post or draw the value until the current candle closes. I find this a lot better than watching the stochastic value changing as the candle goes up and down and I have made wrong decisions in trading because of this, it is kind of annoying watching this line repainting itself all the time.
imho, simpler if you wait for the candle to close, same happens with the non-repainting indis you mention.
I disagree because it is harder to see exactly the value that stochs closed at on the previous bar unless you use the cross hair where in NT you don’t have to use the cross air simply because the value of the current bar has not painted yet, this way you know that whatever value you see it belongs to closed bar and not the current.
how do you use the stochs’ exact value for trading?
I only use stochs on trends for entry on dips. Depending if it is trending up or trending down, I use stochs to tell me that the dip might b over soon and use the cross back from oversold/overbought to confirm. That is all, I use two charts. The point is I find it easier to spot this when stoch is no painting the current price.