OPEN-SOURCE SCRIPT

Stochastic EMA, SMA, VWMA + Divergence

Diupdate
Every MetaTrader User knows the function to switch the stochastic calculation from simple to exponential.

So i took the original Stochastic code from TV and enhanced it for the SMA, EMA, and VWMA smoothing. If you are using a longer K Smoothing interval you will recognize a notable difference between SMA and EMA.

  • Standard Stochastic Calculation that is well kown
  • Option to switch smoothing calculation
  • Choice between Simple Moving Average, Exponential Moving Average, Volume Weighted Moving Average


If you have more wishes regarding the smoothing, just leave a comment i can add a lot more...

On my to-do list is also the divergence lines known from the "divergence indicator" (RSI).

I hope this helps to get better entries ;-)

Have fun!
Catatan Rilis
If you are daytrader, you want to have an set lines for slow and fast stochastic. Added an switch to active a 2nd pair of lines for stochastic so you can scalp with slow and fast lines.

The embedded screenshot shows our preferred settings from MT4.
exponentialStochastic Oscillatorstochasticoscillatorstochastictrading

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Inggin menggunakan skrip ini pada chart?


Got a lot of feature requests to pay for additions. I will never ever charge any money or sell subscriptions for retailers.

If the idea is good, i will sit down and try to make it happen for free. You can buy me a coffee instead.
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