Birbicator/ Birb_Stochastic_TK 1. IntroductionWelcome to the Birbicator. This indicator provides a new way to view price momentum which combines the trusted insight of Stochastic momentum combined with a proprietary view of Ichimoku’s Tenkansen and Kijunsen price levels. The result is a “wave-trend” that provides confluent indicators of price momentum, early-warning of stochastic crossov
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Birbicator/ Birb_Stochastic_TK
1. Introduction
Welcome to the Birbicator. This indicator provides a new way to view price momentum
which combines the trusted insight of Stochastic momentum combined with a proprietary
view of Ichimoku’s Tenkansen and Kijunsen price levels. The result is a “wave-trend” that
provides confluent indicators of price momentum, early-warning of stochastic crossovers,
and smoothed trend statistics that can be helpful in identifying entry and exit points. The
intent behind this version of Birbicator is to enhance the traditional usefulness of the
default stochastic crossover indicator. For that there are a few notable additions to help
determine momentum.
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