Stochastic with Alert

wanorbit

Master Trader
Oct 11, 2010
393
11
49
Discuss Stochastic with Alert indicator (a simple indicator for notifications of overbought/oversold states and main/secondary line crosses of the Stochastic oscillator) for MT4 and MT5 in this thread. You can ask any questions about this indicator here.
this is great to add to my bband instrument, thanks Envid


which time frame is best or is it for all time frames?
 
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chris wicklow

Trader
Oct 19, 2016
11
0
22
39
Unfortunately, this indicator doesn't support divergence detection.
HI Enivid,
I really like this indicator, & if I could add divergence it would be fantastic. but I know nothing about coding, in your opinion how should I go about achieving this? or would I be better off looking for another stochastic divergence indicator instead? I came across this cci indicator, could I copy and paste that code into the stochastic indicator with a few minor changes, or is that crazy thinking
thanks
 

Enivid

Administrator
Staff member
Nov 30, 2008
15,969
798
144
Odessa
www.earnforex.com
HI Enivid,
I really like this indicator, & if I could add divergence it would be fantastic. but I know nothing about coding, in your opinion how should I go about achieving this? or would I be better off looking for another stochastic divergence indicator instead? I came across this cci indicator, could I copy and paste that code into the stochastic indicator with a few minor changes, or is that crazy thinking
thanks
Your best bet would be to change the CCI Divergence code to use the Stochastic instead of CCI for its input.
 

chris wicklow

Trader
Oct 19, 2016
11
0
22
39
HI Enivid,
I really like this indicator, & if I could add divergence it would be fantastic. but I know nothing about coding, in your opinion how should I go about achieving this? or would I be better off looking for another stochastic divergence indicator instead? I came across this cci indicator, could I copy and paste that code into the stochastic indicator with a few minor changes, or is that crazy thinking
thanks
thanks again, ill try do something
 

Loneblade

Trader
Oct 9, 2019
22
4
14
Singapore/Beijing
HI Enivid,
I really like this indicator, & if I could add divergence it would be fantastic. but I know nothing about coding, in your opinion how should I go about achieving this? or would I be better off looking for another stochastic divergence indicator instead? I came across this cci indicator, could I copy and paste that code into the stochastic indicator with a few minor changes, or is that crazy thinking
thanks
The CCI divergence is really an unreliable retail strategy unless you have yield spread values to support that slow money compression and fast money distribution trade idea. For any decent prop desk firms, they would have used CCI indicator strictly as a rolling 50 for the agriculture market like Soybeans etc.
 

Enivid

Administrator
Staff member
Nov 30, 2008
15,969
798
144
Odessa
www.earnforex.com
Good day. please, at this point I can find buffer main and buffer signal. i want my signal to generate from the signal line. should i change all buffermain to buffersignal. how convenient will that be. check image. (https://ibb.co/K7WKdhg) thank you
Can't you just switch the AlertLine parameter to STOCH_SIGNAL?