Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2012.12.19 11:18

Silent stochastic - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 19

The real author:


Replacement of a standard Stochastic. It has the same parameters as the standard plus "sensitivity" parameter Sens in parameters window. It allows cutting off fluctuations below a certain level set in points. Thereby, the number of false signals is considerably reduced.

The fact is that the standard Stochastic (by Layne) locates the current price between price highs and lows for the number of bars set by %K (Kperiod) parameter. And it does not matter, if extreme points differ from each other by 1 or 100 points. It will still indicate oversold/overbought values. Implementation of some limit allows cutting off oscillations that are inconsiderable for a trading system.

This indicator was first implemented in MQL4 and published in Code Base at on 19.10.2009.  

Fig.1 The ColorStochNR indicator

Fig.1 The ColorStochNR indicator 

Translated from Russian by MetaQuotes Software Corp.
Original code:

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Example of MACD Automated Example of MACD Automated

Code example of MACD automated with advanced money management function.

Pivot Star Pivot Star

Pivot indicator. Standard, Fibonacci, Camarilla, Woody's, Demark. Calculates pivot points from previous bar of chosen period (M5 - MN).