Author: Andrey N. Bolkonsky
Stochastic Indicator (smoothed q-period Stochastic) by William Blau is based on Stochastic Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).
It shows the distance between the close price and lowest price of the q bars. The numerical value of Stochastic shows the price position relative to the lowest price of the period (q bars), the values are >=0.
Stochastic Indicator Blau_TStoch
The following formula is used for the calculation of q-period Stochastic:
stoch(price,q) = price - LL(q)
The smoothed q-period stochastic is calculated as follows:
TStoch(price,q,r,s,u) = EMA(EMA(EMA( stoch(price,q) ,r),s),u)
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/363
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.