This is a mt5 version of stochastic averages digital kahler with a choice of the 41 averages for smoothing the stochastic, also has a choice of the 30+ price options.

From Mladen Rakic:


Theory :

According to Vitali Apirine’s article “Higher Highs & Lower Lows,” in in February 2016 issue of TASC, the momentum indicator-based system HHLLS (higher high, lower low stochastic) can help to spot emerging trends, define correction periods, and anticipate reversals. As with many indicators, HHLLS signals can also be generated by looking for divergences and crossovers. Because the HHLLS is an oscillator, it can also be used to identify overbought & oversold levels.

Usage :

You can use the color change of the fill zone (ie: the crosses of the two values) as signals

ps) mt4 version posted here

Stochastic Distance Oscillator

Indicator was in the June 2023 of Stocks & Commodities magazine.

mrtools wrote: Sun Apr 30, 2023 1:14 pm From Mladen Rakic:

this itrend?
really good

andrewstone wrote: Thu Apr 04, 2024 3:52 am Hello, is there a regular stochastics cross indicator like this for Mt5?

Did this version with stochastic crossing it's signal.

mrtools wrote: Thu Apr 04, 2024 5:37 am Did this version with stochastic crossing it's signal.

Thank you!