Re: Stochastic indicator(s)

241
Stochastic experiment
Here is an Mladen's very fantastic Experiment version of Stochastic
almost with usual 4 MA methods for main line and signal line, - dual price option (high/low and or close/close) with alerts package - it has a lot to do experimenting,of course easy and exact adjustable and formation along with price line
some explanation by "Mladen" specifically for this version
MLADEN : It seems that for a long time Stochastic has been neglected
We have seen new kinds of RSI,new kinds of Averages,new kinds of almost everything --- except Stochastoc,Not the kinds that are using filtered inputs or using something else instead of prices for calculation,but the,"pure stochastic" that would be different (new) . Well this one changes that a bit ------
This stochastic allows you to have 4 different types of stochastic,and they are really different types,since the "core" of the stochastic is changed and it makes new kinds of stochastic - and prices are not changed at all,by default,if you are using simple moving average for stochastic calculation,then the stochastic is exactly the same as the built in stochastic-but the rest of Averages(ema,smma and lwma) are producing stochastic that are new kinds.
Signal has the usual Average types available too,Coloring and alerts are based on the stochastic to signal crosses (the "classical way of using stochastic") but even with these settings,there is a lot of room for experimenting
PS : and yes,i am aware of what does this means - soon we are going to have 38 type + 38 double smoothed = 76 new types of stochastic :)
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Hi guys i think still the project is pending,may be some day our kind coders do it complete
in picture the middle sw
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.




DMI Stochastic Extreme

246
Another oldie but a goodie from our TSD archive. DMI Stochastic Extreme with divergence, alerts and MTF.

For the new "Candles" overlay version by Kvak, please see here: DMI Stochastic Extreme Candlestick Overlay for MT4.

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