Red
Stochastic Trend Filter is a momentum oscillator Stochastic
customized.
Description
of Red Stochastic Trend Filter
Platform
MT4
Current
version1.11
Windows
7/8/10
The
Oscillator Stochastic indicator can be used not only to search for an
entry point, but also to filter signals. The trend filter is
determined by the principle of crossing the zero line (first floor)
and the intersection of the second line (second floor). There is also
a distinction for trend decline and growth.
Please
note that the classic Stochastic is built from 0 to 100, and the
signal lines are levels 20 and 80. In this case, the indicator is
built from -50 to 50, and the signal lines -30 and 30. But this is
the same!
Features
of RED Stochastic Trend Filter settings
The
main
Bars
Count - the number of history candles on which the indicator works
K
Period - settings of the main line of stochastic
D
Period - stochastic signal line settings
Slowing
- slowing the indicator, smoothing
Level
(0-50) - horizontal level, delayed in both directions
MA
Price - prices for calculating the moving average
MA
Method - type of calculation of the moving average
In
the pictures Red Stochastic Trend Filter.
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