I'm currently working with stochastic oscillator indicator. It is good at first look. However the waving of the trend status of current price bar really annoyed me. Then I think can we give a fix pseudo current price to the indicator, so the last trend status is not going to wave.

rules:
We feed a fixed pseudo price with 10 pips below current open price, if the oscillator shows an up trend.
We feed a fixed pseudo price with 10 pips above current close price, if the oscillator shows a down trend.

I think use these rules we will be able to slow down our decision making and filter false signals.

Can anyone interest in this make an implement, we can test it out.

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