Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Stochastic_Convergence_Divergence - indicator for MetaTrader 5
- Views:
- 13500
- Rating:
- Published:
- 2019.02.07 08:58
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
This indicator displays two stochastics with adjustable smoothing and a convergence/divergence line of %K lines of those two stochastics.
It has thirteen adjustable parameters:
- Calculation mode - calculation and display mode
- Two stochastics - two stochastics with predefined parameters
- Stoch1/Stoch2 divergence - %K lines of stochastics with predefined parameters and the line of convergence/divergence between them
- First stochastic %K period - first stochastic %K line calculation period
- First stochastic %D period - first stochastic %D line calculation period
- First stochastic slowing - first stochastic smoothing calculation period
- First stochastic %K-smoothing type - first stochastic %K line smoothing period
- Simple - simple smoothing
- Exponential - exponential smoothing
- Fast - fast smoothing
- First stochastic %D-smoothing type - first stochastic %D line smoothing type
- Simple - simple smoothing
- Exponential - exponential smoothing
- Second stochastic %K period - second stochastic %K line calculation period
- Second stochastic %D period - second stochastic %D line calculation period
- Second stochastic slowing - second stochastic smoothing calculation period
- Second stochastic %K-smoothing type - second stochastic %K line smoothing type
- Simple - simple smoothing
- Exponential - exponential smoothing
- Fast - fast smoothing
- Second stochastic %D-smoothing type - second stochastic %D line smoothing type
- Simple - simple smoothing
- Exponential - exponential smoothing
- Overbought - overbought level
- Oversold - oversold level
Fig. 1. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Stoch1/Stoch2 divergence
Fig. 2. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Two stochastics
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23521
Market_Sessions
Indicator Market Session
Acceleration_Deceleration_AC_MTFIndicator Multi timeframes Bill Williams Accelerator Oscillator