Robot catalog

Stochastic-X8.4 - Indicator for MetaTrader 4

Stochastic-X8.4
TypeIndicators PlatformMT4 Version10 Date created12 June 2016 Date updated28 August 2017
Formatmq4 Size3.6Kb Downloads248 Rating
4.8 of 5
based on 66 rates

The indicator builds a histogram based on the eight stochastics data at the bottom of the chart. sStochastic indicator uses similar principle, however, in this tool, the histogram identifies the price peaks for the selected period. These indicators are similar in that both do not display the signal lines.

  • The parameters of the first stochastic are multiplied by the coefficient "Koef" (a configurable external parameter);
  • The parameters of the second stochastic are calculated by multiplying the result in the first action with the "Koef".
  • The algorithm is similar for each subsequent component robot.

Share

Most popular robots

bbma
MT4
Indicator
bbma
Trading Robot
MT4
Indicator
VWAP
MBFX Timing
MT4
Indicator
MBFX Timing