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Views:: 3918
Rating:: (9)
Published:: 2018.10.25 14:58

TBS_Histogram.mq5 (19.86 KB) view

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

It has ten input 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
Applied price
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 = Applied price - 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/22114

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