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Stochastic Signal

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=63973
Forum: 38 · Topic 63973 · 1 post(s)


Stochastic Signal

Apprentice · Sat Oct 15, 2016 6:24 am

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This indicator is an addition to the two signal already present on a standard indicator and it will print the original signals generated and also provide an alert for the current candle if this option is selected.

Buy K% or D% Rise above Oversold. Sell K% or D% Falls below Overbought.

Two additional features added as well:

Buy Simple K% - D% Crossover K% - D% Crossover in Oversold. Sell K% - D% Crossover in Overbought. Simple K% - D% Crossover

The signals generated while the market is in Oversold / Overbought From my experience are more reliable, so the “Simple” alert/signal is turned off by default.

Stochastic_Signal.mq4