MTF Stochastic Signals (CM Style)

Multi-timeframe Stochastic Oscillator with smart cross signals, B/S labels, and an optional second Stochastic on any higher timeframe. Inspired by the legendary CM_Stochastic_MTF by Chris Moody.

A professional-grade Stochastic indicator built for multi-timeframe analysis on the TakeProfit platform. Inspired by Chris Moody's widely used CM_Stochastic_MTF from TradingView, this indicator brings all of its core signal logic natively to Indie — with clean visuals and full parameter control.

How it works

The indicator plots a smoothed %K and %D Stochastic pair computed on your chosen timeframe, independent of the chart's resolution. A second Stochastic on a separate higher timeframe can be overlaid simultaneously for confluence analysis.

Signal modes

Two cross detection modes give you flexibility depending on your strategy:

• Strict cross — triggers only when %K crosses %D while already inside the oversold or overbought zone (high-conviction signals, on by default)
• Any cross — triggers on every %K / %D crossover, regardless of position (higher frequency, off by default)

Each mode can independently show a background highlight and/or B / S text labels directly on the chart.

Visual layout

• %K and %D lines with configurable smoothing
• Upper / lower band (default 80/20) with a subtle fill
• Optional mid line at 50
• Single priority-based background: strict cross → above/below band → any cross
• Optional second Stochastic (orange / yellow) for HTF confluence
  

Key parameters

• Length (default 14) — Stochastic lookback period
• SmoothK / SmoothD (default 3/3) — smoothing periods for %K and %D
• Upper / Lower (default 80/20) — overbought and oversold levels
• Main Timeframe (default 1h) — timeframe for the primary Stochastic; set it to your chart's TF to use current resolution
• 2nd Stochastic (off by default) — enable a second Stochastic on any independent timeframe for HTF confluence
• Show B/S Labels (on by default) — text markers on strict cross signal bars