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Views:: 7029
Rating:: (38)
Published:: 2021.12.28 17:03

On chart stochastic (like).mq5 (22.5 KB) view

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This is a sort of stochastic indicator on chart. If, defaults are used, then it calculates the same way as built-in stochastic that uses high/low prices. In this indicator you have choice of extended (non-standard) prices

Comparison to "regular" stochastic :

Recommendations:

you can use it as any other stochastic
color changes can be used as usual stochastic OB/OS signals

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On chart stochastic (like) - indicator for MetaTrader 5