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Re: Stochastic indicators for MT4

#571
ZZTop wrote:
Sun Nov 22, 2020 5:55 am
mrtools wrote:
Tue Oct 02, 2018 12:15 am


Found an error in the stoch velocity and made a new version using jurik smoothing instead of the moving averages for both the stoch and the signal. The newest is called stochastic velocity and in the picture it's the bottom one.
Hi Mr Tools, thanks for this great indicator (Stochastic Velocity.mq4), could you please add arrows to main chart when color changes and alert, thank you.

viewtopic.php?f=579496&t=8413502&p=1295 ... 1295379785
Added arrows and alerts.
Stochastic Velocity (arrows + alerts).ex4
(51.48 KiB) Downloaded 295 times
EURUSDM15.png


Re: Stochastic indicators for MT4

#574
mrtools wrote:
Fri Nov 06, 2020 1:04 am
som3nam3 wrote:
Thu Nov 05, 2020 10:54 pm
Hi, do we have a stochastic indicator mtf that alerts you when the price is overbought/oversold? I saw some that signal on crossover but none that signal on overbought/oversold
Try this one.
hi mrtools, can you add an option: arlert when sinal line cross only on over sold & over bought zone? I am looking for that many time but don't have. Please help. Thank you so much

Re: Stochastic indicators for MT4

#575
Don't know if something like this exist already but had an idea to build a stochastic based on two different stochastic (fast & slow). Calculation is very simple, it is just calculating the mean of both. Because of this type of calculation method it tends to give extreme level signals when the both(fast,slow) agree on that and also divergence is based on that too.
Stochastic mean.mq4
(4.46 KiB) Downloaded 340 times
Untitled.png


Re: Stochastic indicators for MT4

#576
Darks wrote:
Fri Dec 04, 2020 8:09 pm
Don't know if something like this exist already but had an idea to build a stochastic based on two different stochastic (fast & slow). Calculation is very simple, it is just calculating the mean of both. Because of this type of calculation method it tends to give extreme level signals when the both(fast,slow) agree on that and also divergence is based on that too.
very interesting idea.
results aren't at all bad.
For comparison I also attached the same inputs with 2 Stoch in one subwindow (colour change on slope change)
GE30H1.png
GE30H11.png

Re: Stochastic indicators for MT4

#577
josi wrote:
Fri Dec 04, 2020 8:40 pm
Darks wrote:
Fri Dec 04, 2020 8:09 pm
Don't know if something like this exist already but had an idea to build a stochastic based on two different stochastic (fast & slow). Calculation is very simple, it is just calculating the mean of both. Because of this type of calculation method it tends to give extreme level signals when the both(fast,slow) agree on that and also divergence is based on that too.
very interesting idea.
results aren't at all bad.
For comparison I also attached the same inputs with 2 Stoch in one subwindow (colour change on slope change)
Thanks for the nice indicator! Maybe MrTools or yourself (if you know how to do it) can add divergence + alert to it? Would be nice!
Mindset is everything.

Re: Stochastic indicators for MT4

#578
som3nam3 wrote:
Thu Dec 10, 2020 6:59 pm
josi wrote:
Fri Dec 04, 2020 8:40 pm

very interesting idea.
results aren't at all bad.
For comparison I also attached the same inputs with 2 Stoch in one subwindow (colour change on slope change)
Thanks for the nice indicator! Maybe MrTools or yourself (if you know how to do it) can add divergence + alert to it? Would be nice!
Currently away from laptop. Can give a try maybe when I return.
Of course Mr.tools can do it more easily and efficiently.

Re: Stochastic indicators for MT4

#579
som3nam3 wrote:
Thu Dec 10, 2020 6:59 pm
josi wrote:
Fri Dec 04, 2020 8:40 pm

very interesting idea.
results aren't at all bad.
For comparison I also attached the same inputs with 2 Stoch in one subwindow (colour change on slope change)
Thanks for the nice indicator! Maybe MrTools or yourself (if you know how to do it) can add divergence + alert to it? Would be nice!
Divergence with divergence alerts added.
Stochastic mean (divergence).ex4
(38.93 KiB) Downloaded 311 times
EURUSDM15.png

LoveRe: Stochastic indicators for MT4

#580
mrtools wrote:
Fri Dec 11, 2020 12:11 pm
som3nam3 wrote:
Thu Dec 10, 2020 6:59 pm


Thanks for the nice indicator! Maybe MrTools or yourself (if you know how to do it) can add divergence + alert to it? Would be nice!
Divergence with divergence alerts added.
Thanks MrTools!
Mindset is everything.


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