3TF_Stochastic_Average – indicator MetaTrader 5

‘Three timeframes Stochastic Average’ displays in a separate window three Stochastic Oscillators of the specified timeframes, as well as their average value.

The indicator has twelve input parameters:

  • Stochastic %K period – stochastic %K line calculation period
  • Stochastic %D period – stochastic %D line calculation period
  • Stochastic Slowing – stochastic %slowing period
  • Overbought – overbought level
  • Oversold – oversold level
  • Drawing mode – indicator drawing type
    • Steps – as a ladder
    • Slope – sloping lines
  • First Stochastic timeframe – the timeframe of the first Stochastic indicator
  • Second Stochastic timeframe – the timeframe of the second Stochastic indicator
  • Third Stochastic timeframe – the timeframe of the third Stochastic indicator
  • Show first Stochastic – show the first Stochastic indicator
  • Show second Stochastic – show the second Stochastic indicator
  • Show third Stochastic – show the third Stochastic indicator
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Fig.1. Three timeframes Stochastic Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Steps


Fig.2. Three timeframes Stochastic Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Slope



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