The Stochastic Oscillator indicator, built on a tick price chart.
At startup, you must wait for the arrival of the required amount of tick data for calculations.
- K period – the number of unit periods used to calculate the stochastic oscillator;
- D period – the number of unit periods used to calculate the moving average line %K;
- Slowing – deceleration period %K;
- Calculated bar – the number of bars on the chart for calculating the indicator.
Then follow the parameters that regulate the weights of the Stochastic oscillator signals (from 0 to 100). Their description can be found in the MQL5 Reference in the section Signals of the Stochastic oscillator.
- The oscillator has required direction – the value of the oscillator on the analyzed bar increases/decreases.
- Reverse of the oscillator to required direction – reversal of the oscillator.
- Crossing of main and signal line – the intersection of the main and signal lines.
- Divergence of the oscillator and price – divergence.
- Double divergence of the oscillator and price – double divergence.
Buffer numbers: 0 – MACD_LINE, 1 – SIGNALLINE, 2 – SIGNAL_UP, 3 – SIGNAL_DOWN.