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You liked the script? Try it in the MetaTrader 5 terminal
Stochastic of Adaptive Smoother - indicator for MetaTrader 5
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- 6721
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- Published:
- 2016.11.02 17:11
- Updated:
- 2016.11.22 07:32
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Stochastic of adaptive smoother. In this one instead of using "plain" smoother, standard deviations adaptive smoother is used for price filtering.
Adapting is done using standard deviations in order to make the indicator react to price changes as quickly as it is possible. Filtered prices are adding to the false signals cleaning so, beause of that, we can consider this indicator to be a "trending" indicator.
Adaptive Smoother
One more average/smoother that due to its fractional calculation period possibility can be used to be made adaptive.
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Stochastic that is using RSX as an input for calculations.
Donchian Channel MTFThe multitimeframe version of Donchian channel.