StochasticEx - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

The stochastic expansion oscillator is a stochastic oscillator with unconventional calculations and displays.

The indicator has three input parameters:

 K = KB1+KB2
Signal = SMA(K, noise filter period)
KB1 = Avg Low / Avg High KB2 = - Avg High / Avg Low AvgLow = SMA (LowB, Slowdown)
Average High = SMA (High B, Slowing)
LowB = closing price HighB = maximum closing price Min, Max - %K The lowest and highest price within the period range
 Attachment download
 📎 stochasticex.mq5 (12.4 KB)
 Source: MQL5 #22112
StochasticEx - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
 StochasticEx - 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 only on titles or short-term profit descriptions.