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

BBS_Histogram - indicator for MetaTrader 5

Views:
3196
Rating:
(10)
Published:
2018.10.25 15:33
BBS_Histogram.mq5 (20.87 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Bar Based Stochastic indicator with histogram - modified stochastic with the K and D lines difference histogram.

The indicator has nine adjustable parameters:

  • %K period - stochastic K line period
  • %D period - stochastic D line period
  • Slowing - slowing
  • %K method - stochastic K line calculation method
  • %D method - stochastic %D line calculation method
  • Overbought - overbought level
  • Oversold - oversold level
  • Show %K line - display K line (Yes/No)
  • Show %D line - display D line (Yes/No)

Calculation:

K = MA(FastK, Slowing, %K method) D = MA(K, %D period, %D method) H = K - D

where:

FastK = 100.0 * mins/maxes mins  = Close - minLow maxes = maxHigh - minLow minLow, maxHigh - low and high prices in the %K period range H - histogram

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22077

Better_Bollinger_Band Better_Bollinger_Band

Better Bollinger Band indicator

Double_Smoothed_MACD_Stochastic Double_Smoothed_MACD_Stochastic

Double smoothed MACD Stochastic indicator

BBS BBS

Bar Based Stochastic indicator

Exp_XDeMarker_Histogram_Vol Exp_XDeMarker_Histogram_Vol

The trading system based on XDeMarker_Histogram_Vol indicator signals