Adaptive Super Smoother Stochastic
Info
The Adaptive Super Smoother Stochastic is a Indicator for MetaTrader 5 that this indicator is part of a series of experiments with a variable-length super smoother. Here, the adaptive super smoother is applied to price pre-filtering before calculating a stochastic.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Adaptive Super Smoother Stochastic
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
This indicator is part of a series of experiments with a variable-length super smoother.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Volatility Regime Shader: Adaptive Volatility Classification for MT4/MT5 - another powerful indicator for MetaTrader 5 traders.
This indicator is part of a series of experiments with a variable-length super smoother. Here, the adaptive super smoother is applied to price pre-filtering before calculating a stochastic. The initial impression is that it is usable and tradeable, with a clean appearance that aids in trend identification.Also recommended: Adaptive Kalman Trend Filter Indicator - similar indicator with strong performance on MetaTrader 5.
Some parameter adjustments for specific symbols and time frames are recommended. Due to its smoothness, the default overbought and oversold levels are set relatively high and low, respectively. Users are encouraged to customize these levels to suit their preferences and trading strategies.
You may also like: Super Trend TV: MQL5 Implementation Matching TradingView Precision - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_plots 1
#property indicator_label1 "super smoother stochastic"
#property indicator_type1 draw_color_line
#property indicator_color1 clrorange
#property indicator_style1 style_solid
#property indicator_width1 2.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.