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

2016.02.08 12:49
Indicators

Stochastic Only - indicator for MetaTrader 4

| English Español Português Русский Deutsch 日本語

Views:
9464
Rating:
votes: 20
stoch_only.mq4 (2.84 KB)view

The indicator uses the data from three Stochastic indicator to determine the potential entry points:

  • slow (default period is 700);
  • medium (default period is 120);
  • fast (default period is 30).

The signal (a corresponding arrow is drawn on the chart) is generated when all three indicators are in the overbought/oversold areas at the same time. The size of the areas for slow, medium and fast is (by default): 10; 10; 5 respectively. That is, at the area size of 10, the indicator generates a sell signal if the value of the Stochastic is greater than 90, buy signal — if less than 10.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14657

DUCT DUCT

The indicator plots a channel based on fractals.

ChannelsFIBO ChannelsFIBO

The Fibonacci channel display, the axis of which is the moving average line.

Stream Stream

The indicator marks the bars, the size of which exceeds the value specified in the settings.

ChannelsFIBO_MTF ChannelsFIBO_MTF

The multitimeframe version of the ChannelsFIBO indicator.