And this is the 3 state stochastic oscillator made as "zones" version. You can specify over bought and over sold levels (all between the 2 is "neutral" zone) and you can even specify 3 colors (default for the neutral is CLR_NONE which makes it invisible/transparent, but any color can be used for that purpose)
Would it be possible for you to create an indicator 'Stochastic on chart' as shown in picture ?
When Stoch (separate window) cross '50 line', chart indicator should cross with price !
In picture using MACD predictor universal (attached) for illustration
Thanks in advance
Many thanks Mladen for your Stochastic Zones Indicators.
If we set Stochastic Zone ; StoSlowing =1 ,and StoPrice 0 ,we have 2 More indicators. .
1 ) Price Close crosses the Donchian (Price) Channel middle line (50%).
And as the middle line is the Tekan or Kijun Span (Ichimoku System)
2) Price Close crosses Tekan or Kijun Span.(on the graph = Kijun)
I wouldn't have thought about it that way Thanks
It seems to be very responsive and quite accurate this way. Good to know
One version of on chart stochastic was posted at this post : https://www.mql5.com/en/forum/177347/page12
As of "predictor" version of stochastic that could be placed on chart : I am not aware of such calculus (the prediction of a stochastic value) so, sorry, but in case of that one I can not help
Is it possible to convert attached indicator on Bollinger Bands on main chart window as shown in picture !
Where Stoch 50 level = Bollinger Middle level
Stoch 80 level = Bands upper level & Stoch 20 level = Bands lower level
also need 1 extra upper/lower levels too if possible!
PS: Here is quite similar but decompiled indicator at this post : https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page302#comment_680759
PPS: Just mention above link because i am afraid i couldn't explain well (not good in english)
Here you go. That stochastic of T3 is using Bollinger bands now to draw the value on the chart
Thanks Mladen for nice indicator
Is it possible to add 'color on slope' on stochastic line!
This one has a color change on the slope of the stochastic line. Color change is on the change of slope of the original oscillator (not the one that is drawn on chart - on ocasions they can differ)