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MetaTrader 5 Indicator | WVF_Stochastic

William's Vix Fix Stochastic oscillator is calculated based on William's Vix Fix indicator

There are five inputs:

  • WVF period - William's Vix Fix calculation period
  • %K period - stochastic %K line calculation period
  • %D period - stochastic %D line calculation period
  • Overbought - overbought level
  • Oversold - oversold level

Calculation:

K = 100.0 * mins/maxes, D = SMA(K, %D period)

where:

mins = WVF - MinLow maxes = MaxHigh - MinLow MinLow, MaxHigh - minimum and maximum WVF values in the %K period range WVF = 100.0 * (MaxR-Low) / MaxR MaxR - maximum Close price in the WVF period range

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