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

author EAcpu | 3 reads | 0 comments |

Stochastic_Slow - indicator for MetaTrader 5

The Slow Stochastic Oscillator displays the Stochastic indicator in a separate window and is calculated as follows:

 SSD[i] = SMA(FSK,PeriodD)
 SSDS[i] = SMA(SSD, slow down)

Where:

 FSK[i] = (minimum value/maximum value) * 100.0,
SSD[i] = SMA(FSK,PeriodD),
min = closing price[i] - lowest price[BL],
Maximum = High[BH] - Low[BL],
BH is the highest price index in the range from PeriodK to i,
BL is the lowest price index in the range from PeriodK to i,

If max=0,

 FSK[i] = 50.0

The indicator has five input parameters:

Stochastic_Slow - indicator for MetaTrader 5


Attachment download

📎 stochastic_slow.mq5 (11.2 KB)

Source: MQL5 #20571

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