The indicator generates buy and sell signals and issues alerts in case of the Stochastic Oscillator indicator overbought or oversold levels crossing.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 06.06.2008.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/419
Using JMA adaptive moving average is the best way to smooth price ranges with a minimum time lag.Go
The simplest trend indicator.