Sentiment Stochastic

MQL5 Indicadores

Termos de Referência

Combining Stochastic and the weekly market open.

Default stochastic setting 14,3,3 with adjustable settings.

Placing the weekly open value in the background of the stochastic indicator. When price is below the weekly open, it will be a red background, when price is above the weekly open, it will be a green background. (adjustable settings for color)


Monthly Open Filter (adjustable settings to turn on/off) When price is above the monthly open, and above the weekly open, and the stochastic is over sold (below 30) a green dot will appear on the indicator and a symbol to buy will appear on the chart. When price is below the monthly open, and below the weekly open, and the stochastic is over bought (above 70), a red dot will appear on the indicator and a symbol to sell will appear on the chart.


Divergence Filter (adjustable settings to turn on/off) 

When price is above the monthly open, and above the weekly open only bullish divergence signals will appear on the indicator. When price is below the monthly open, and below the weekly open, only bearish divergence signals will appear on the indicator.

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