LM Chart STOCH and MACD

LM Chart STOCH and MACD is a chart indicator. Attach it to a chart and it places, in one step, the moving averages and the support and resistance step lines on the main window, and opens two sub-windows: Stochastic with R.S.I. in the first, MACD in the second. The set it installs is the one used in the LM reading: a short moving average, a long moving average and a slower trend average on the price window, plus the step lines that mark the support and resistance levels. In the first sub-window it brings the Stochastic %K and %D lines with the 80 and 20 levels, together with R.S.I. at the levels the reading uses. In the second it brings the MACD line, its signal line and the coloured histogram. This is the complete version of the family: the three readings the LM method uses, price structure, momentum and trend, in a single attachment instead of eight separate indicators. Everything it creates belongs to the indicator: when it is removed, the averages, the step lines, both sub-windows and its own objects are removed with it, leaving the chart as it was before. It works on the native chart and also on the custom painters used by the LM line (Renko bricks, Heikin Ashi and seconds charts), because it reads the series of the chart it is attached to. The indicator uses native terminal resources only: no DLL, no WebRequest, no external service. It does not trade, does not send orders and does not need trading permission. Features: - Short and long moving averages on the main window. - Support and resistance step lines on the main window. - First sub-window with Stochastic and R.S.I. already configured. - Second sub-window with MACD already configured. - One attachment instead of eight separate indicators. - Works on the native chart and on Renko, Heikin Ashi and seconds charts. - Removes everything it created when it is detached. - Native terminal resources only: no DLL, no WebRequest, no external service. Input parameters: Moving averages on the main window: - InpMaShortPeriod - period of the short moving average (default 3). - InpMaShortMethod - averaging method of the short average (default 0 = simple). - InpMaLongPeriod - period of the long moving average (default 10). - InpMaLongMethod - averaging method of the long average (default 0 = simple). - InpSmaPeriod - period of the slow trend average (default 50). Stochastic in the first sub-window: - InpStochK - %K period (default 7). - InpStochD - %D period (default 3). - InpStochSlow - slowing (default 3). R.S.I. in the first sub-window: - InpRsiPeriod - R.S.I. period (default 2). - InpRsiBottom - lower level (default 10.0). - InpRsiCenter - middle level (default 50.0). - InpRsiTop - upper level (default 90.0). MACD in the second sub-window: - InpMacdFast - fast period (default 5). - InpMacdSlow - slow period (default 20). - InpMacdSignal - signal period (default 3). Appearance: - InpApplyTheme - applies the LM colour theme to the plots (default true). Important: - This product does not trade. It does not send, modify or close orders and it does not need trading permission. - The values are calculated on the series of the chart it is attached to. On a custom chart (Renko, Heikin Ashi or seconds) the averages and the oscillators follow that series, not the raw candle series of the same symbol. - The current bar is still forming. A reading taken on the open bar can change until that bar closes. - Stochastic, R.S.I. and MACD are lagging calculations: they describe what already happened and do not anticipate price. - Two sub-windows reduce the height of the price window. On a small chart the price area becomes short, which affects the visual reading of the step lines. - Detaching the indicator removes the plots and objects it created. Chart templates that use it keep their own settings.


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