Re: Stochastic indicators for MT4

422
mrtools wrote: Thu Jan 23, 2020 3:38 am

If they are all garbage why would you want to add it to stochastic, sorry not understanding?
Sorry for lashing out and my unclear comment. The divergence that i was looking for should compare two highs or two lows (one should be from an OB or OS). Also the minimum gap of comparison is 3 highs (first high to third high). But this is a bit hard to code i think. and its ok if you cant coz of priority.

Ogee: thanks buddy for help but the thing is every divergence on m1 would compare two highs or lows, both are not on OB/OS zone. divergence on two correction areas are not divergence, its crap! lol
Divergence is a reversal strat tool, you cant do reversal on correction, its suicide

ChuChu Rocket: yes, the rules says it is free if the coder wants to help you :)
fractals inside fractals

Re: Stochastic indicators for MT4

424
Inspired by Spudfyre's Stochastic Threads from 2007.
I make RCI Threads.
RCI = Rank Correlation Index

The Rank Correlation Index (RCI) is based on an analysis algorithm by Spearman.
RCI is also known as Spearman Rank Correlation.
It uses a combination of price change data and time change data to identify
potential changes in market sentiment, thereby exposing turning points.

Zero crossings are seen as buy and sell signals, with tops and bottoms yielding overbought and oversold information.
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Re: Stochastic indicators for MT4

425
Hi mntiwana or mrtools,
Could you please help me double this indicator so that 2 of the same indicator will be perfectly aligned in the same window when they are used in multi time frame.
I've attached 2 pictures as well as the indicator I want modified. Thanks in advance
Attachments
Doubled as in the picture Doubled as in the picture
This is how I would love it to look. Thanks once again This is how I would love it to look. Thanks once again


Re: Stochastic indicators for MT4

427
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:
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Re: Stochastic indicators for MT4

428
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.

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:
For now, let's use the Spudfyre's Stochastic Thread (from 2007).
We will find out what Stochastic settings he uses later.
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Re: Stochastic indicators for MT4

429
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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