Stochastic EMA, SMA, VWMA + Divergence

18 thg 3, 2023

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.

• 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!

18 thg 3, 2023

Phát hành các Ghi chú

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.