Fig.1 Average Stochastic Momentum (with smoothing)

StochasticMomentum – indicator MetaTrader 5

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Two indicators in one: Momentum and Stochastic:

  • If smoothing is applied, it is an Average Stochastic Momentum (ASM);
  • If not, it is a Stochastic Momentum (SM).

The indicator has eight configurable parameters:

  • Period – period of Stochastic;
  • Signal – period of the signal line;
  • Method – signal line calculation method;
  • Smooth – enable or disable smoothing (Yes/No);
  • First MA period – the period for the calculation of the initial smoothing MA;
  • First MA method – the method of the calculation of the initial smoothing MA;
  • Second MA period – the period for the calculation of the second smoothing MA;
  • Second MA method – the method of the calculation of the second smoothing MA.
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Fig.1 Average Stochastic Momentum (with smoothing)

Fig.1 Average Stochastic Momentum (with smoothing)

Fig.2 Stochastic Momentum (no smoothing)

Fig.2 Stochastic Momentum (no smoothing)


StochasticMomentum – indicator MetaTrader 5
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