Random on Charts (similar) - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
This is a stochastic indicator on the chart. If using the default values, it is calculated in the same way as using the built-in stochastic indicator using high/low prices. In this indicator you can choose extended (non-standard) prices
Compare to "regular" random:
Attachment download
📎 on_chart_stochastic_jlikev.mq5 (22.5 KB)
Source: MQL5 #37680
Random on the chart (similar) - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening recommendations
Random on the chart (similar) - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script 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 only on titles or short-term profit descriptions.
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