3 in 1 Stochastic
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use 3 in 1 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.
Description & Settings
Indicator 3 in 1 MTF Stochastic with MA Smoothing options represents three stochastics in one with smoothing options and signal pointers.
It has 24 adjustable parameters:
First Stochastic %K period
- first stochastic %K line calculation period
First Stochastic %D period
- first stochastic %D line calculation period
First Stochastic slowing
- first stochastic slowing calculation period
First Stochastic %K smoothing type
- first stochastic %K line smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Fast
- fast smoothing
First Stochastic %D smoothing type
- first stochastic %D line smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Second Stochastic timeframe
- second stochastic timeframe
Second Stochastic %K period
- second stochastic %K line calculation period
Second Stochastic %D period
- second stochastic %D line calculation period
Second Stochastic slowing
- second stochastic slowing calculation period
Second Stochastic %K smoothing type
- second stochastic %K line smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Fast
- fast smoothing
Second Stochastic %D smoothing type
- second stochastic %D line smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Third Stochastic timeframe
- third stochstic timeframe
Third Stochastic %K period
- third stochastic %K line calculation period
Third Stochastic %D period
- third stochastic %D line calculation period
Third Stochastic slowing
- third stochastic slowing calculation period
Third Stochastic %K smoothing type
- third stochastic %K smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Fast
- fast smoothing
Third Stochastic %D smoothing type
- third stochastic %D line smoothing type
Simple
- simple smoothing
Exponential
- exponential smoothing
Overbought
- overbought level
Oversold
- oversold level
Bigger timeframes drawing mode
- drawing mode for the data of the stochastics from larger timeframes
Steps
- by steps
Slope
- by sloping lines
Show clouds
- display the cloud between the main and the signal lines of the stochastics from larger timeframes (Yes/No)
Show alerts
- show signal alerts
Send mail
- send e-mail notifications
Send push
- send push notification to your mobile device
The data of the first stochastic are always displayed from the current timeframe. The data of the second and the third stochastic can be displayed from the specified timeframes, but no smaller than the timeframe of the current chart.
At crossing the main and the signal lines of the first stochastic upwards and if the %K line is above the %D line of the stochastics from larger timeframes,the signal up-pointer is placed.
At crossing the main and the signal lines of the first stochastic downwards and if the %K line is below the %D line of the stochastics from larger timeframes,the signal down-pointer is placed.
Fig. 1. 3 in 1 MTF Stochastic, Bigger timeframes drawing mode = Steps
Fig. 2. 3 in 1 MTF Stochastic, Bigger timeframes drawing mode = Slope
