Pivot + Stochastic Filter Signals (Balanced)

Pivot + Stochastic Filter Signals (Balanced)
This indicator combines Pivot Highs/Lows with the Stochastic Oscillator to generate accurate BUY and SELL signals.

A BUY signal appears when a Pivot Low forms and the Stochastic %K crosses above %D (optionally filtered by oversold conditions).

A SELL signal appears when a Pivot High forms and the Stochastic %K crosses below %D (optionally filtered by overbought conditions).

Key Features:

Clear BUY (green) and SELL (red) signals plotted directly on the chart.

Optional filter: only trigger signals in overbought/oversold zones.

Labels display pivot value with the corresponding signal.

Stochastic oscillator plotted for confirmation.

This tool is useful for traders who want to combine price action (pivots) with momentum confirmation (Stochastic crossovers) for higher accuracy in trend reversals and entry timing.