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Re: Adaptive Indicators for MT4

Banzai, Wed Jul 22, 2020 11:36 am

Jimmy wrote: Sat May 11, 2019 8:37 pm I couldn't find this particular indicator here on our forum so I'll post it here: This is the Stochastic (r-square adaptive) Floating Zero indicator for MT4 that was made by Mladen in around 2015 or 2016 (according to my notes).

It comes with many convenient options such as (newer drop down box) Multi-timeframe + Interpolation as well as Filter options, Color Change options, Alerts & much more.

As explained by Mladen:
Here is the stochastic (r-squared adaptive) with the addition of filters.

Results are better than the results of RSX (when price filter is used), so, unlike the RSX, this one we can call "satisfactory" when the price filtering is concerned (as far as illogical results are concerned, of course).

Stochastic (r-square adaptive) floating zero 1.1.ex4
Stochastic (r-square adaptive) floating zero

Love Stochastic. Here's a template.
Watch for divergences too.
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