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Re: MT4 Indicator requests and ideas

pacois, Wed Feb 12, 2020 10:55 pm

Daim2574 wrote: Wed Feb 12, 2020 10:18 pm

Hello mrtools.... I wanted to ask if you have an indicator that is “stochastic of stochastic “... so it uses the data of the first stochastic as an input to the second stochastic?... under mt4 you could manually do it making the second stochastic use the data of the previous indicator stochastic as shown below. I noticed that when the difference between both lines is zero (they are totally on top of each other the price is going through a breakout or a strong burst.... as a supplementary indicator, can we plot the difference between both lines and maybe trigger an alert when lines are on top of each other for two or three candle (just to avoid regular crossings and confirm move momentum)?... direction of the trade could be based on the slope of the coincidental lines I think .... what do you think?
Hi, waiting for MrTolls, try this.
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