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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2016.12.12 08:12
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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 is a MetaTrader 5 Expert Advisor based on the PricePosition and StepUpDown indicators.

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

Adaptive Laguerre filter trend.

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