Re: Stochastic indicators for MT4

571
ZZTop wrote: Sun Nov 22, 2020 5:55 am

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.
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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.
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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)
Attachments
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Re: Stochastic indicators for MT4

577
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!
Mindset is everything.

Re: Stochastic indicators for MT4

579
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.
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