StoDiv - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This typical signal indicator is based on the stochastic oscillator and fractal technical indicators. This indicator generates many false signals and it is necessary to use some trend indicators to filter them out.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on March 15, 2008.
Stordiv indicator
Attachment download
📎 stodiv.mq5 (7.71 KB)
Source: MQL5 #786
StoDiv - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
StoDiv - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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