Stochastic Oscillator, the beginning - page 2
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Requested: Stochastic slope indicator
Can someone code this?
Help Me!!!!
Hi guys..
i newbie in forex trading, i need your help to build a simple EA for me.
Can someone help me? i really appreciate if someone can help me.
my setting simple EA:-
TF M5
Stochastic (5.3.3)
TP 10PIPS
LOTS 0.1
enter position buy when line stoch cross at level 80
enter positon sell when line stoch cross at level 20
*sorry for my english
thanks.
I tryed to collect everything about one indicator: Stochastic Oscillator.
"Technical Analysis from A to Z":
Sto.chas.tic (sto kas'tik) adj. 2. Math. designating a process
having an infinite progression of jointly
distributed random variables.
--- Webster's New World Dictionary
The Stochastic Oscillator compares where
a security's price closed relative to its
price range over a given time period.[/CODE]
The Stochastic Oscillator is displayed
as two lines. The main line is called "%K."
The second line, called "%D," is a
moving average of %K. The %K line is
usually displayed as a solid line and
the %D line is usually displayed as
a dotted line.
There are several ways to interpret
a Stochastic Oscillator. Three popular methods include:
Buy when the Oscillator (either %K or %D)
falls below a specific level (e.g., 20) and
then rises above that level. Sell when
the Oscillator rises above a specific level
(e.g., 80) and then falls below that level.
Buy when the %K line rises above
the %D line and sell when the %K line
falls below the %D line.
Look for divergences. For example,
where prices are making a series of new highs
and the Stochastic Oscillator is failing to surpass
its previous highs.[CODE]Calculation
The Stochastic Oscillator has four variables:
%K Periods.
This is the number of time periods
used in the stochastic calculation.
%K Slowing Periods.
This value controls the internal smoothing of %K.
A value of 1 is considered a fast stochastic;
a value of 3 is considered a slow stochastic.
%D Periods.
This is the number of time periods used
when calculating a moving average of %K.
The moving average is called "%D" and is
usually displayed as a dotted line on
top of %K.
%D Method.
The method (i.e., Exponential,
Simple, Time Series, Triangular, Variable,
or Weighted) that is used to calculate %D.
The formula for %K is:
For example, to calculate a 10-day %K,
first find the security's highest-high and
lowest-low over the last 10 days.
As an example, let's assume that during
the last 10 days the highest-high was 46 and
the lowest-low was 38--a range of 8 points.
If today's closing price was 41,
%K would be calculated as:
The 37.5% in this example shows
that today's close was at the level of 37.5%
relative to the security's trading range over
the last 10 days. If today's close was 42,
the Stochastic Oscillator would be 50%.
This would mean that that the security
closed today at 50%, or the mid-point,
of its 10-day trading range.
The above example used a
%K Slowing Period of 1-day (no slowing).
If you use a value greater than one,
you average the highest-high and
the lowest-low over the number of
%K Slowing Periods before performing
the division.
A moving average of %K is then
calculated using the number of time
periods specified in the %D Periods.
This moving average is called %D.
The Stochastic Oscillator always ranges between 0% and 100%. A reading of 0% shows that the security's close was the lowest price that the security has traded during the preceding x-time periods. A reading of 100% shows that the security's close was the highest price that the security has traded during the preceding x-time periods.Do you have a study of indicator coded to calculate price where two K% (or D%) of two Stochastics crossover, and also to calculate price where K% cross the overbought/oversold level of the stochastic?
Do you have a study of indicator coded to calculate price where two K% (or D%) of two Stochastics crossover, and also to calculate price where K% cross the overbought/oversold level of the stochastic?
No. Sometimes I am using 3 stochastic indicators in 3 sepaated window with different settings for M5 timeframe. I did not try to combine those indicators onto one indicator. Simple did not need it.
stoch channel(Levels) on the chart [cw]
it's all wrong, but it works somehow
stoh hooked on bbands istead of deviation
________________
double Stoch_Main1[];
Stoch_Main1 =iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_MAIN, i);
double Stoch_Main =iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_MAIN, i);
double Stoch_SigL=(iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_SIGNAL, i));
double StochMain1=Stoch_Main1;
double StochMain=Stoch_Main;
double StochSigL=Stoch_SigL;
UpperBuffer=oldval +0.3*oldval*((100-StochMain1)/10000);
LowerBuffer=oldval - 0.3*oldval*((100-StochMain1)/10000);
UpperBuffer1=oldval + oldval*((StochMain-50)/10000);
LowerBuffer1=oldval + oldval*((StochSigL-50)/10000);
could some kind sole programmer find sanity in this medness & put it right?
thank you very much!
Big Thanks to Mladen - here is the indi - made nice and clean...
(MTF option built-in) RSI of MA thread post181: https://www.mql5.com/en/forum/177347/page12
OnChart_Stochastic_Channel_(FL_MTF)
from Mladen: Fibo Levels; MultiTimeFrame
^^ That's amazing.
Also check out and download the Stoch histogram:
https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page11#comment_189718