Stochastic Distance Indicator

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Stochastic Distance Indicator

Postby Apprentice » Tue May 21, 2024 1:36 pm

EURUSD m1 (05-21-2024 2035).png

The Stochastic Distance Indicator was created by Vitali Apirine (Stocks and Commodities Jun 2023 pgs 16-21), and this is a new method that measures the absolute distance between a price and its highest and lowest values over a long period. It uses the stochastic formula to create an oscillator using this distance value and smooths the value.
Stochastic Distance Indicator.lua
(7.94 KiB) Downloaded 80 times
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36894
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 65 guests