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Re: MT5 Stochastic indicators

AlgoAlex811, Mon Feb 10, 2025 1:34 am

Two Pole Oscillator

From BigBeluga's TradingView, an advanced smoothing oscillator designed to provide traders with precise market signals by leveraging deviation-based calculations combined with a unique two-pole filtering technique.
  • Two-Pole Filtering: This technique smooths out the main oscillator signal to reduce noise, providing a cleaner and more reliable view of market momentum and trend strength..
  • Deviation-Based Oscillator: This oscillator generates dynamic signals by utilizing price deviations from the mean, making it ideal for detecting overbought and oversold conditions
Obviously, I avoided coding all fancy graphical kinds of stuff that are so easy to implement in Pine but hard as hell in mql5...
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