Identify trends with Stochastic Experiment

This is an indicator that helps determine market trends, based on the Stochastic indicator combined with the Signal MA line. When Stochastic crosses the MA, it will give an increased signal, and when it cuts down, it will give a decrease signal.

Input Option

Stochastic Period: Number of candles to calculate Stochastic

Stochastic Slowing Period: The price for calculating stochastic is slow

Stochastic Average Type:  Type of moving average to calculate Stochastic value

Stochastic Signal Period: Number of candles to calculate the moving average

Signal Average Type: Type of average line to calculate Signal value

Price: Price applied to calculate Signal line

Feature

• Displays the Data Buffer for use in GigaFactory

• Simple, easy to use

• Buffer 0: is the value of the Stochastic line.

• Buffer 2: is the MA signal line

• Buffer 3: Value represents the trend of Trend. Buffer value is 1 is an increasing trend, -1 is a decreasing trend.

Terms of use

• Use on the MT5 FXCE platform.

• This Indicator/EA is provided for free.

• All trading and exchange activities in any form are not allowed.

• FXCE not responsible If money is lost during use.

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 Download the latest version here.

- Copy file “*.ex5" to folder /MQL5/Indicators/

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Update version

1.0.1 — 2022-11-16

• Release the first version.