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MTF Stochastic

The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe.


Indicator Parameters

  • TimeFrame - time frame (drop-down list);
  • KPeriod - %K period;
  • DPeriod - %D period;
  • Slowing - slowing;
  • MAMethod - moving average method (drop-down list);
  • PriceField - price type (drop-down list);
  • StochLevel - the level, above which the downward line intersection is stated. The lower level is calculated according to the formula 100-StochLevel.
  • UseAlerts - display alerts at line intersections.
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The indicator displays Renko bars on the chart, uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement, and highlights them based on the Gartley patterns, showing the potential price reversal points. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, s
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The indicator displays renko bars on a chart, uses them to plot the MACD oscillator and determines the divergence conditions (divergences of price movements and oscillator values). The buy/sell signal is formed if the next High/Low price is not confirmed by the oscillator values. The ZigZag indicator is used to evaluate the extremums. Only the last 3 peaks are taken into account (see the screenshot). If peak 1 is higher than peak 2 or peak 3, and at the same time the macd value is lower, then a
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The indicator displays renko bars on a chart and uses them to create ZigZag indicator - trend lines connecting local price movement Highs and Lows. The indicator, in turn, is used to create AB=CD displaying potential price reversal points. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any time
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The indicator calculates and displays renko bars using MA and PSAR data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. Buy signal forms when PSAR readings are moving down, MA is moving up, the price is closing ab
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The indicator displays Renko bars on the chart, uses their data to calculate and display the Bollinger Bands, MACD oscillator and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. When attached to a chart, the indicator checks for presenc
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sunnychow
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sunnychow 2018.12.16 14:53 
 

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Maksym Mudrakov
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Versão 1.11 2021.11.18
Обновление под новый билд
Versão 1.10 2016.01.19
Added in version 1.1: display of the moments of main line intersection by the signal line.
Displayed by red and blue arrow. Can be disabled using the UseSignals parameter.
Also added the StochLevel parameter - the level, above which the downward line intersection is stated. The lower level is calculated according to the formula 100-StochLevel.
Added the option to generate alerts during line intersections. Can be disabled using the UseAlerts parameter.