Step stochastic 2 – indicator MetaTrader 5

New version of non-repainting step stochastic indicator.

It has been upgraded in multiple ways :

  • code is completely rewritten and optimized
  • step stochastic calculation is a function now (easily usable from any other code)
  • indicator has alerts now
  • indicator is multi time frame now
  • indicator has an option to filter (smooth) prices using one of the 4 basic average type
  • indicator has an option to use smoothed or regular atr for calculation
  • indicator can use the set of 22 price types

By default the indicator is using a very mild price filtering, since it does not add lag to it this way and the false signals are significantly reduced.


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