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Indicators

OnChart_Stochastic - indicator for MetaTrader 5

Views:
5749
Rating:
(31)
Published:
2013.07.18 20:58
Updated:
2016.11.22 07:32
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Real author:

mladen

A stochastic oscillator located directly on the chart. In addition to the stochastic oscillator, a classical MA is applied on the chart, based on which the stochastic oscillator an overbought/oversold levels are calculated.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 30.04.2008.

Figure 1. The OnChart_Stochastic indicator

Figure 1. The OnChart_Stochastic indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1736

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