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Re: Stochastic indicators for MT4

Banzai, Thu Jan 30, 2020 7:32 am

Banzai wrote: Wed Jan 29, 2020 2:35 pm There's a Japanese trader and he has a "RCI_6line" indicator so I make it.
We didn't have it.

He uses a combo of RCI, Stochastic, and MA ribbons.
I'm not sure what Stochastic settings he uses.

Here's the template and the indicator:

OK, I did some digging and in 2006, Robert Hill made two Stochastic Crossover indicators:
Stochastic_Cross_Alert_Normal.mq4
Stochastic_Cross_Alert_Except.mq4

and he created a Stochastic Guppy consisting of
Stoch(81,6,5,LWMA,Close), Stoch(81,12,6), Stoch(81,24,7), Stoch(81,30,8),
Stoch(81,48,9), Stoch(81,72,10), Stoch(81,108,11), Stoch(81,243,12).

In 2017, Kotaro Hashimoto made a Stochastic EA based on Robert Hill's Stochastic Crossover indicator.
He modified the Stoch Guppy to
Stoch(89,6,5,LWMA,Close), Stoch(89,13,6), Stoch(89,21,7), Stoch(89,34,8),
Stoch(89,55,9), Stoch(89,89,10), Stoch(89,144,11), Stoch(89,243,12).
Most of these numbers are Fibonacci numbers.

In the same year, a trader goes by the name tensoko added the Moving Average Ribbons and RCI Guppy to the Stochastic Guppy and made a trading strategy.

I could be wrong. Anyone can edit the source code and never add their name so I thought it was Robert Hill all along.

Here are the templates, pdf, and indicators:
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