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Indicators

Stochastic MACD - indicator for MetaTrader 5

Mladen Rakic
Views:
26819
Rating:
(35)
Published:
2020.03.17 16:49
Download as ZIP, How to download code from MetaEditor
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Backround:

In “The Stochastic MACD Oscillator” of November 2019 issue of TASC, author Vitali Apirine introduces a new indicator created by combining the stochastic oscillator and the MACD. He describes the new indicator as a momentum oscillator and explains that it allows the trader to define overbought and oversold levels similar to the classic stochastic but based on the MACD.

This is the metatrader 5 version of that indicator.



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