Stochastic Oscillator, the beginning - page 37

Mladen Rakic
154428
Mladen Rakic  

4 time frame stochastic

If I am correct, this is what you are looking for (I have this one on my PC) :

4_time_frame_stochastic.mq4

regards

carlscot:
Helllo everybody and Happy new year. I'm looking for the indicator that is showed in the third window, the one with the red and blue dots. I think is a mtf stochastich but I can't find it in the web . Anybody can help me? Thanks.
carlscot
8
carlscot  

This is ther right tanks pal!!! Happy trades!

pavaka
4412
pavaka  

...

mladen:
One variation on the stochastic theme ...

The overbought and oversold levels are treated a bit different in this one. Instead of keeping them on constant levels they are calculated form the stochastic itself and are modified by a certain step as the time from the last high or low passes. It looks interesting and it seems that it can give a bit different picture at the market looking at indicator values this way

Will it be possible to place an alert when price penetrates the longer slope?...

Craig Gardiner
200
Craig Gardiner  

Thanks Mladden, DSS is the cats meow!

mladen:
secretcode, Not the same (not possible to have that kind of filled arrays in metatrader 4, I have seen some attempts to do that metatrader 4 and I have tried some but all of them fail under some conditions so did not make that type) but similar. As far as values are concerned, they are the same. Colored zone is the middle zone and when stochastic exits those zones it is in overbought or oversold zone, so it is visually having a similar effect as the metatrader 5 version since when it enters those zones it changes color of the line too.

This is now my favorite filter.

Best regards,

gcgman

Files:
dss1.jpg 127 kb
Mladen Rakic
154428
Mladen Rakic  

...

It turned out to be simpler than I thought. This one will alert when the line opposite to the last penetration is penetrated, and it translates to exactly what you asked for : the longer line is always opposite to the current last penetration peak

To turn the alerts on, set the alertsOnparameter to true. The rest is there t choose exactly what kind of alerts you want

Pava:
Will it be possible to place an alert when price penetrates the longer slope?...
pavaka
4412
pavaka  

...

Great...Thank you

mkollaros
3
mkollaros  

Stochastics cross signal

Hi there,

I need an ea or a script that, when applied to a chart, will place an order (buy or sell) when the stochastic crosses above from 80 (sell) or below from 20 (buy).

Obviously this script/ea should have options as to the size of the order, and should also accomodate trailing stop and stop orders.

Thanks

remikes
24
remikes  

Question?

gcgman:
This is now my favorite filter.

Best regards,

gcgman

Hi gcgman, Thanks for posting your chart with favorite filter. Can I ask what appears to be two smoothed moving averages are in the chart window? They look nice too. Thanks!

Craig Gardiner
200
Craig Gardiner  

DSS with 2 MAs

remikes:
Hi gcgman, Thanks for posting your chart with favorite filter. Can I ask what appears to be two smoothed moving averages are in the chart window? They look nice too. Thanks!

Jake Bernstein recommends using the simple 8 open & close. I instead use the LWMA of the 8 open & close. For the DSS I am using settings of 7,3. I found that I was sometimes a little late coming to the party so I changed the boundaries of the DSS to 85 and 15. I watch for opportunities when the DSS comes out of overbought and oversold but, as a filter I don't buy when the DSS is in oversold and I don't sell when DSS is in overbought. That may sound absurd but, it can stay in ob/os for a long time before coming out. Likewise, I am watching the two moving averages for crossing signals to buy or sell.

Good luck,

gcgman

remikes
24
remikes  

Thanks again ...

.

Thanks again gcgman, been experimenting with the moving averages and could not get anything like what you have, also tried the DEMA rsi, and various versions of smoothed rsi -- currently with the BBRSI; but have not yet tried your DSS settings. Good trading,

.