Osi Cycle-Adaptive Stochastics-Selectable
This indicator is designed to be whatever kind of Stochastics that the user chooses it to be. Based on the calculation for Full Stochastics, the calculation period used, on each bar, is a fixed, user-selectable, factor of the period of the dominant wave as measured on that bar: quarter-wave, half-wave or full-wave.
The user may also elect to use a fixed period, in which case it is no different from the standard Stochastics of the same flavor.
You can select which type of stochastics it is to plot: Slow, Fast, Full or Full-Auto.
The price reflects a more than 50% discount over the price of buying each of the 4 other Osi_Stochastics indicators individually.
Typical Usage Scenarios
This indicator is used in the same manner as any of the Stochastics indicators. The real advantage is that the period of calculation is adjusted, depending on the market's dominant cycle. An internet search will show the many ways in which the various flavors of the Stochastics are used, whether as an overbought/oversold oscillator, or as a divergence trading tool.
The chart to the left shows two separate divergences that were precursors to reversals. The Osi Cycle-Adaptive Stochastics-Selectable, is in this case running essentially as the Osi Cycle-Adaptive Full Stochastics-Auto.
Notice also how using the QuarterWave for the parameter, makes the turns so coincident with price, that this can actually be used for scalping for gains that are larger than scalpers usually seek.
The calculation period, and the method (in this case, "Cycle"), are indicated by the information panel at the bottom. The parameter choice is part of the chart label in the upper text; in this case "QuarterWave".