Stochastic Indicator Blau_TStoch – indicator MetaTrader 5

Stochastic Indicator Blau_TStoch
Author: Andrey N. Bolkonsky Stochastic Indicator (smoothed q-period Stochastic) by William Blau is based on Stochastic Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). It shows the distance between the close price and lowest price of the q bars. The numerical value of Stochastic shows the price position relative … Read more

Blau_TStoch – indicator MetaTrader 5

Blau_TStoch - indicator for MetaTrader 5
The William Blau Stochastic indicator shows the william Blau stochastic. The indicator has five input parameters: Period – calculation period; First smooth period – the initial smoothing period; Second smooth period – the secondary smoothing period; Third smooth period – the resulting smoothing period; Applied price – price used for calculations. Calculations: Blau_Stochastic = EMA(EMA(EMA(Stoch, … Read more