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- Published by:
- Nikolay Kositsin
- Views:
- 6601
- Rating:
- Published:
- 2012.02.08 13:01
- Updated:
- 2016.11.22 07:32
-
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Real author:
RickD
This typical signal indicator is based on Stochastic oscillator and Fractals technical indicators. The indicator generates many false signals, it's necessary to filter them with some trend indicator.
This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 15.03.2008.
StoDiv indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/786

Typical unnormalized oscillator displayed as a color histogram.

The indicator displays the fast adaptive line that allows to evaluate a trend line.

This indicator shows the "ultimate support/resistance" levels of current trend. Trend changes is shown with color rectangles, trend direction is shown with colored dots.

The indicator calculates forecast prices of the daily price range. It shows resistance and support levels of current day using the prices of the previous day.