Watch how to download trading robots for free
Find us on Telegram!
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
Indicators

StochasticMomentum - indicator for MetaTrader 5

Views:
3785
Rating:
(12)
Published:
2018.04.18 17:12
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Two indicators in one: Momentum and Stochastic:

  • If smoothing is applied, it is an Average Stochastic Momentum (ASM);
  • If not, it is a Stochastic Momentum (SM).

The indicator has eight configurable parameters:

  • Period - period of Stochastic;
  • Signal - period of the signal line;
  • Method - signal line calculation method;
  • Smooth - enable or disable smoothing (Yes/No);
  • First MA period - the period for the calculation of the initial smoothing MA;
  • First MA method - the method of the calculation of the initial smoothing MA;
  • Second MA period - the period for the calculation of the second smoothing MA;
  • Second MA method - the method of the calculation of the second smoothing MA.

Fig.1 Average Stochastic Momentum (with smoothing)

Fig.1 Average Stochastic Momentum (with smoothing)


Fig.2 Stochastic Momentum (no smoothing)

Fig.2 Stochastic Momentum (no smoothing)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20160

HL_MA_Band HL_MA_Band

A colored histogram drawn using the High/Low prices.

CCI_Dots CCI_Dots

The indicator adds signal marks to a price chart when the CCI indicator crosses its zero line.

IDayIIndex IDayIIndex

The IDayIIndex (Intraday Intensity Index) oscillator indicator.

VSI VSI

VSI - Volatility Switch Indicator.