Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

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

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

Views:: 7871
Rating:: (15)
Published:: 2016.10.28 15:13
Updated:: 2016.11.22 07:32

double_stochastic.mq5 (5.46 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A stochastic indicator with a twist: it is calculating a stochastic, and then a stochastic of that stochastic.

It is a variation of the well known double smoothed stochastic and as such it is filtering out a lot of false signals. For all the double smoothed stochastic versions, general rule of usage could be that they should be used on somewhat higher time frames — since it is a kind of a "trend" indicator, using it on very low time frames is not logical (having the very low time frames being almost nothing but noise)

Guppy MMA

It is made more up-to-date and multi time frame option added.

Round Price

A variation on the T3 theme that was made as a sort of envelopes using T3 for basic value.

Highs-Lows

A simple indicator that shows the high and the low of desired time frame on a current chart.

Nonlag_MA_MACD

MACD variation that uses Nonlag MA.

Double Stochastic - indicator for MetaTrader 5