Stochastic Index Blau_TStochI – indicator MetaTrader 5
Author: Andrey N. Bolkonsky Stochastic Index (normalized smoothed q-period Stochastic) by William Blau, described in the book Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis. The values of q-period smoothed Stochastic is normalized and mapped into the [0,+100] interval. It allows to determine the overbought/oversold of the market. WilliamBlau.mqh must be … Read more