Indicator · Pine Script v6 · Own pane

Advanced Reverse Stochastic %J

by mushroom-men-Trading

This indicator calculates the Stochastic %J oscillator alongside reverse-engineered price targets in a separate pane.

View on GitHub

GitHub stars2on the repository
Pine versionv6current
Lines of code160
Settings7inputs
LicenceNone stated
Last update9 months ago25 Jan 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Advanced Reverse Stochastic %J plots the current %J line against custom target, overbought, and oversold reference thresholds. Using an iterative algorithm, it calculates the closing price required for %J to reach specified values and determines whether those target prices remain within the current period's high-low range. Settings allow configuring %K and %D lengths, target %J values, and displaying price scenario tables.

Details

Published by

mushroom-men-Trading on GitHub

Type

Indicator, Pine Script v6

Draws

Separate pane below the chart

Category

Oscillators & momentum, Screeners & dashboards

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
%K Lengthint14k_length
%D Lengthint3d_length
Target %J Valuefloat80.0target_j
Show Price Requirements Tablebooltrueshow_price_table
Show Multiple Scenariosbooltrueshow_scenarios
Oversold Target %Jfloat20.0target_j_oversold
Overbought Target %Jfloat80.0target_j_overbought
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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