OPEN-SOURCE SCRIPT
Stochastic EMA, SMA, VWMA + Divergence
Aktualisiert
Every MetaTrader User knows the function to switch the stochastic calculation from simple to exponential.
So i took the original Stochastic code from TV and enhanced it for the SMA, EMA, and VWMA smoothing. If you are using a longer K Smoothing interval you will recognize a notable difference between SMA and EMA.
If you have more wishes regarding the smoothing, just leave a comment i can add a lot more...
On my to-do list is also the divergence lines known from the "divergence indicator" (RSI).
I hope this helps to get better entries ;-)
Have fun!
So i took the original Stochastic code from TV and enhanced it for the SMA, EMA, and VWMA smoothing. If you are using a longer K Smoothing interval you will recognize a notable difference between SMA and EMA.
- Standard Stochastic Calculation that is well kown
- Option to switch smoothing calculation
- Choice between Simple Moving Average, Exponential Moving Average, Volume Weighted Moving Average
If you have more wishes regarding the smoothing, just leave a comment i can add a lot more...
On my to-do list is also the divergence lines known from the "divergence indicator" (RSI).
I hope this helps to get better entries ;-)
Have fun!
Versionshinweise
If you are daytrader, you want to have an set lines for slow and fast stochastic. Added an switch to active a 2nd pair of lines for stochastic so you can scalp with slow and fast lines.The embedded screenshot shows our preferred settings from MT4.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Got a lot of feature requests to pay for additions. I will never ever charge any money or sell subscriptions for retailers.
If the idea is good, i will sit down and try to make it happen for free. You can buy me a coffee instead.
If the idea is good, i will sit down and try to make it happen for free. You can buy me a coffee instead.
Haftungsausschluss
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