Blau_TS_Stochastic - MetaTrader 5 Script - MT4/MT5 Resources

William Blau Stochastic Oscillator shows the William Blau Stochastic Oscillator.

It has six input parameters:

 Blau_TStoch = 100*Stoch_EMA3/HH_EMA3,
Signal = EMA(Blau_TStoch, signal period)

Where:

 Stoch_EMA3 = EMA(EMA(EMA(Stoch, first smoothing period), second smoothing period), third smoothing period),
HH_EMA3 = EMA(EMA(EMA(HH, first smoothing period), second smoothing period), third smoothing period),
Stoch[i] = Price[i]-Min,
HH[i] = maximum-minimum,
Max and Min are the highest price and lowest price in the range from (i-Period+1) to (i) respectively.