Try dss (it tends to show cycles on a 1 hour chart clearly)
Stochastic fast and stochastic slow (by apprentice)
I try your indicator and I find it very interesting
Can you explain how you calculate that
If I don't write some mistake
To calculate the DSS, the formula is:
So, do you replace close, low, and high by the RSX ?
Thanks a lot for your next answer
It is replaced with a single value simply because at one bar rsx has just one value. The other parameters are there in order to be able to calculate the regular high/low ds stochastic (when it expects close,high and low, but even then you can use any combination of prices)
Thanks Mladen for your anwser
I'm not sure to understand
You mean that on the first line of code close, high and low are remplaced by RSX ? like that
and the DSS is the same as in my post ?
Thanks for your answer
If you take a look at the iDss function and how it is called from the loop, you will see that it translates to exactly that
ok thanks mladen
have a nice night
DSS of momentum
Double smoothed stochastic of momentum. 3 different momentums used in calculation : momemntum of close, momentum of high and momentum of low. That way the double smoothed stochastic has almost "realistic" conditions for a perfect high-low stochastic calculation. That is why it can not be compared to a "simple" momentum : it is a combination of 3 momentums
Updated version compatible with new metatrader builds posted here : https://www.mql5.com/en/forum/177239
Dear Mladen,it looks good on any period. Thank you for your work.
DSS of MACD 3
Double smoothed stochastic of 3 macds : macd of close, macd of high and macd of low. Some experimenting with parameters advised