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Indicators

Stochastic MACD - indicator for MetaTrader 5

Mladen Rakic

Views:
4038
Rating:
votes: 13
Published:
2020.03.17 16:49

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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