Stochastic of average (on chart) - indicator for MetaTrader 5

Theory :

Stochastic oscillator is usually used on prices. But sometimes that produces much noise. Some filtering methods can be used (like this : Stochastic of Filtered Price).

This version :

This version adds an option to use averages for that purpose instead. The averages types that can be used :

• simple moving average(SMA)
• exponential moving average (EMA)
• smoothed moving average (SMMA)
• linear weighted moving average (LWMA)
  

Also, this version is made to be displayed directly on the main chart, instead of being displayed in its own sub-window

Usage :

You can use the color change as signals (there are 3 color change modes added for that purpose)