RSI_AC_Stochastic_Signal - MetaTrader 5 Script - MT4/MT5 Resource

This indicator gives trend signals relative strength index as a color ladder (color correlates with trend direction) and overall market entry signals as color bars Stochastic Oscillator and Bill Williams' Accelerator .

Indicator input parameters include RSI and stochastic oscillator input parameters:

 //+------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------+
Input integer RSI_period = 9 ; // RSI period
Input ENUM_APPLIED_PRICE RSI_price = PRICE_CLOSE ; // RSI price calculation method
Input integer STO_period = 5 ; // random period
Input integer STOD_period = 5 ; // Random signal line period
Input integer STO_slowdown = 3 ; // Random slowdown period
Input ENUM_MA_METHOD STO_method= mode_SMA ; // Random smoothing method
Input ENUM_STO_PRICE STO_price = STO_LOWHIGH ; // Random price calculation method 

Attachment download

📎 rsi_ac_stochastic_signal.mq5 (8.89 KB)

Source: MQL5 #721