Stochastic Expansion - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The good old stochastic oscillator. The advantage of Difference Random from Standard is that it displays overbought and oversold areas in a more intuitive and convenient way. Sharp spikes are a good sign of a trend reversal (or temporary consolidation).
Attachment download
📎 smoothalgorithms.mqh (133.8 KB)
📎stochasticexpansion.mq5 (8.76 KB)
Source: MQL5 #696
Random Expansion - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Random Expansion - 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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