Stochastic Ex MT5 Indicator

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Stochastic expansion oscillator is a stochastic oscillator with a non-conventional calculation and display.

The indicator has three input parameters:

  • %K periodK line calculation period
  • Slowing slowing calculation period
  • Noise filter periodnoise filter calculation period (signal line)

Calculation:

K = KB1+KB2 Signal = SMA(K, Noise filter period)

where:

KB1 = AvgLow/AvgHigh KB2 = -AvgHigh/AvgLow AvgLow = SMA(LowB, Slowing) AvgHigh = SMA(HighB,Slowing) LowB = Close-Min HighB = Max-Close Min, Maxthe lowest and the highest prices in the %K period range

MT5 IndicatorsDownload Instructions

Stochastic Ex MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

Stochastic Ex MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

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How to install Stochastic Ex MT5 Indicator.mq5?

  • Download Stochastic Ex MT5 Indicator.mq5
  • Copy Stochastic Ex MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • SearchCustom Indicatorsin your Navigator mostly left in your Metatrader 5 Client
  • Right click on Stochastic Ex MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Stochastic Ex MT5 Indicator.mq4 is available on your Chart

How to remove Stochastic Ex MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • Indicators list
  • Select the Indicator and delete

Click here below to download:



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