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MACD plus Stochastic

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that this index combines two oscillators, that this MACD and this Stochastic.

all their oscillators impacts the last appearance of the index.

a significant difference in the standard MACD and Stochastic is the limit of the maximum and minimum values of the indicator at the levels of 100% and -100%.

In most cases, the trend change stage is near the levels of ±30%.

In most cases, the trend change stage is near the levels of ±30%.

changing the colour of the histogram while reaching the level of ±30% indicates a possible entry to the marketplace.

The basic setting of the indicator is like the setting of the standard MACD and Stochastic.

  • Indicator_Style – the appearance of the indicator. It can be in the form of a histogram (=HISTOGRAM) and in the form of lines (=LINE).
  • Color_Change-setting the moment when the indicator color changes. By default, the color changes when it intersects with the signal line.
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