Dinapoli_Preferred_Stochastic - MetaTrader 5 script

The Dinapoli preferred stochastic indicator uses the smoothing method described by Joe DiNapoli, which is different from the standard stochastic indicator.

There are four input parameters:

 K = PrevK + (FastK -PrevK) / Deceleration D = PrevD + (K - PrevD) / %D period

Where:

 FastK = 100.0 * (closing price - minimum value) / (maximum value - minimum value)
Max and Min are the highest price and lowest price within the "%K period" range