Stochastic Momentum Oscillator Blau_SM_Stochastic - MetaTrader 5 Script - MT4/MT5 Resources
Author: Andrei N. Bolkonsky
William Blau's Stochastic Oscillator is based on the Stochastic Momentum Index indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators to Technical Analysis ).
stochastic momentum oscillator
The stochastic momentum oscillator is calculated as follows:
SM_Stochastic(price,q,r,s,u) = SMI(price,q,r,s,u)
SignalLine(price,q,r,s,u,ul) = EMA( SM_Stochastic(price,q,r,s,u) ,ul)
Input parameters:
Attachment download
📎 blau_sm_stochastic.mq5 (12.33 KB)
📎 williamblau.mqh (4.52 KB)
Source: MQL5 #372
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