Name: StochasticExpansion
Rating: 4.05 (20 reviews)
Author: Nikolay Kositsin

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Published by:

Nikolay Kositsin

Views:

8800

Rating:

(20)

Published:

2011.12.28 09:41

Updated:

2023.03.29 13:43

\MQL5\Include\

smoothalgorithms.mqh (133.8 KB) view

stochasticexpansion.mq5 (8.76 KB) view

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Real author:

Ivan Kornilov

Good old stochastic oscillator. The difference from the standard Stochastic is that it shows overbought and oversold areas in a more visually convenient fashion. A sharp peak is a good signal for a trend reversal (or temporary consolidation).

StochasticExpansion

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/696

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StochasticExpansion - indicator for MetaTrader 5