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Step stochastic 2 - indicator for MetaTrader 5

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votes: 20
2016.12.12 08:12

New version of non-repainting step stochastic indicator.

It has been upgraded in multiple ways :

  • code is completely rewritten and optimized
  • step stochastic calculation is a function now (easily usable from any other code)
  • indicator has alerts now
  • indicator is multi time frame now
  • indicator has an option to filter (smooth) prices using one of the 4 basic average type
  • indicator has an option to use smoothed or regular atr for calculation
  • indicator can use the set of 22 price types
  • ...

By default the indicator is using a very mild price filtering, since it does not add lag to it this way and the false signals are significantly reduced.

ExpPricePosition ExpPricePosition

ExpPricePosition is a MetaTrader 5 Expert Advisor based on the PricePosition and StepUpDown indicators.

Correlation candles Correlation candles

Correlations (Spearman or Pearson rank (auto)correlation) drawn as candles.

Adaptive Laguerre filter trend Adaptive Laguerre filter trend

Adaptive Laguerre filter trend.

Smoothed repulse Smoothed repulse

This version can use one of the 4 basic averages types for smoothing.