DS Stochastic MetaTrader 4 Forex Indicator

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presents an original Stochastic Oscillator (Stoch), in which aplying EMA smoothing.

The Indicator Fast Stochastic is removed on graph in the manner of two lines %K and %D.

The Formula of the calculation of the indicator Fast Stochastic is following:

DIF1(i) = EMA(Close(i) – MaxHigh(N), S);

DIF2(i) = EMA(MaxHigh(N) – MinLow(N), S);

%K(i) = 100*DIF1(i) / DIF2(i);

%D(i) = 100*EMA(DIF1(i), P) / EMA(DIF2(i), P);

where:
Close(i) – a price of the closing of the current bar;
MaxHigh(N) – maximum High for N previous period;
MinLow(N) – minimum Low for N previous period;
EMA – exponential moving average;
N – a length of the range of the calculation High/Low;
S – a period of the smoothing for %K(i);
P – a period of the smoothing for %D(i).

DS Stochastic MT4 Indicator – Download Instructions

In order to transform accumulated history data, you need to install a MetaTrader 4

It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.

Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.

How to install DS Stochastic indicator for MetaTrader 4.mq4?

Download indicator for MetaTrader 4.mq4
Copy DS Stochastic to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on DS Stochastic for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart

How to remove DS Stochastic Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
“Indicators list”
Select the Indicator and delete.

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Download DS Stochastic MetaTrader 4 Indicator

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