This is a great indicator - slowly getting the hang of it. Thanks to Ernst (the programmer) for programming it :)
Need some help to make some small tweaks to it. Can anyone here help?
1. It appears the Stochastic triggers a Buy every time the %K line breaks above the %D line, and a Sell every time the %K line breaks below the %D line, irrespective of their absolute values. Instead, can this buy/sell trigger be activated with the same rules, but ONLY when the %D line is below 20 (for Buys), and above 80 (for Sells)
2. FYI, I use Stochastics and place my trades on the 15 min chart, but I watch the Moving Averages on the 1 Hour Chart. My second criteria for this indicator is for Buys to be triggered only when the Price has CLOSED above the 20 period Simple Moving Average on the 1 Hour chart (and conversely, for the Sell trigger, CLOSED below the 20 period SMA on the 1 Hour chart). At the moment, it appears the indicator takes a work-in-progress bar, whereas I’d like for it to CLOSE above or below the 20 period DMA on the 1 hour chart, before this condition is met. This condition, together with the Stochastics trigger in (1) should draw the arrows.
3. Thirdly, I’d like this indicator to be applied to a long historical timeframe – say Last 3 years (or more) data on the 15 min chart. How can I set this? I tried to use Range, but that didn’t seem to work.
I’ve attached a screenshot of my settings. All help appreciated.
Allow the use of cookies to log in to the MQL5.com website.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.
You are signed in. Two-factor authentication has been disabled. Set it up again and scan a new QR code, or continue with two-factor authentication disabled.
Hi,
This is a good start, could you make a new edition that is expanded to include Indicator1 to Indicator6?
Prefer please include all leading indicators, such as WPR, ROC, Momentum, ATR, etc...
Hello...
I tried this indicator
it is good...
could you please explain the settings
There are so many variables in this
Hello
This is a great indicator - slowly getting the hang of it. Thanks to Ernst (the programmer) for programming it :)
Need some help to make some small tweaks to it. Can anyone here help?
1. It appears the Stochastic triggers a Buy every time the %K line breaks above the %D line, and a Sell every time the %K line breaks below the %D line, irrespective of their absolute values. Instead, can this buy/sell trigger be activated with the same rules, but ONLY when the %D line is below 20 (for Buys), and above 80 (for Sells)
2. FYI, I use Stochastics and place my trades on the 15 min chart, but I watch the Moving Averages on the 1 Hour Chart. My second criteria for this indicator is for Buys to be triggered only when the Price has CLOSED above the 20 period Simple Moving Average on the 1 Hour chart (and conversely, for the Sell trigger, CLOSED below the 20 period SMA on the 1 Hour chart). At the moment, it appears the indicator takes a work-in-progress bar, whereas I’d like for it to CLOSE above or below the 20 period DMA on the 1 hour chart, before this condition is met. This condition, together with the Stochastics trigger in (1) should draw the arrows.
3. Thirdly, I’d like this indicator to be applied to a long historical timeframe – say Last 3 years (or more) data on the 15 min chart. How can I set this? I tried to use Range, but that didn’t seem to work.
I’ve attached a screenshot of my settings. All help appreciated.
Ayush