Stochastic and pivot signal

MQL4 Göstergeler

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İş Gereklilikleri

I need an indicator that will utilise over bought and over sold stochastic levels with combination of pivot

 levels.

Stochastic    Kperiod = 14,   Dperiod = 3 ,  slowing=5

   PP  = (Dhigh+Dlow+Dclose)/3.0;

   R1 = 2*PP-Dlow;

    R2 = PP+(Dhigh - Dlow);

   R3 = (2*PP)+(Dhigh-(2*Dlow));

   S1 = 2*PP-Dhigh;

   S2 = PP-(Dhigh - Dlow);

   S3 = (2*PP)-((2*Dhigh)-Dlow);


Please I do want this to draw pivot on the chart but use the calculation as above.

 

Stochastic    Kperiod = 14,   Dperiod = 3 ,  slowing=5

 

Sell signal

RSI => 80

Candle 2 High above Pivot level

Close2 > Open 2

Candle1 High above Pivot level

Close1 < Open 1

 

Buy signal

RSI =< 20

Candle 2 Low below Pivot level

Close2 < Open 2

Candle1 Low below Pivot level

Close1 > Open 1

 


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