分类
适合初学者和专业人士

NewZigzag指标

Copyright 2004 - 2022 All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Stochastics Indicator

Stochastics is an indicator measuring the price location in relation to the highest and lowest price in the analyzed period. The Stochastics Oscillator is used to spot the support and resistance levels.

How to use Stochastics in Technical Analysis and on stock charts to generate signals and spot overbought/oversold condition. About Stochastics - one of the most NewZigzag指标 used and popular strategies of market timing in technical analysis. About charting and trading systems based on it.

Technical Analysis and Proprietary Indicators

MARKETVOLUME

www.MarketVolume.com

Technical Analysis

Technical Analysis, Studies, Indicators:

Stochastics

Stochastics NewZigzag指标 is an indicator measuring the price location in relation to the highest and lowest price NewZigzag指标 in the analyzed period. The Stochastics Oscillator is used to spot the support and resistance levels. It is one of the most popular indicators in technical analysis - the Stochastics Oscillator NewZigzag指标 readings above 80% are used as an indication of overboughtcondition and readings below 20% are used as a signature of oversold condition.

Description

The Stochastics indicator was introduced by George C. Lane in the late1950s. In technical analysis this oscillator is a momentum indicator that compares an equities current close to its high/low range over a set number of periods.

Technical Analysis

In technical analysis Stochastics is used to show how far the most recent close is away from the lowest low and highest high (over the calculated period):

  • A security is NewZigzag指标 close to a 20-day high if its 20-day Stochastics is greater than 80%;
  • A security is close to a 20-day low if its 20-day Stochastics is below 20%.

We can differentiate three types of stochastic oscillators: Fast, Slow or Full.

%K and %D make up the Fast stochastic oscillator. The driving force behind both stochastic oscillators is %K (fast), which NewZigzag指标 NewZigzag指标 can be calculated with the formula provided above.

A 3-day simple moving average applied to NewZigzag指标 the %K Fast Stochastics calculates the Slow Stochastics. %D (slow) is identical to %K (fast). An X-day simple moving average applied to the %K Fast Stochastics calculates Slow Stochastics.

Stochastics readings above 80 are typically considered to indicate an overbought situation whereas Stochastics readings below 20 NewZigzag指标 NewZigzag指标 are generally thought to indicate an oversold situation; however, a reading below 20 is not NewZigzag指标 necessarily bullish nor is a reading above 80 automatically a bearish sign. A stock may NewZigzag指标 continue to rise after its Stochastics has reached 80; conversely; it may continue to fall even after its Stochastics has reached 20.The probability of a reversal is much higher when volume surges occur close to index highs or lows (as indicated by the Stochastics).

  • As a general rule, volume surges (indicated by a high PVO) that appear during a price advance when combined with closes near the highs (i.e., Stochastics > 80%) indicate NewZigzag指标 potential downside reversals;
  • As a general rule, volume surges (indicated by a high PVO) NewZigzag指标 NewZigzag指标 NewZigzag指标 that appear during a price decline when combined with closes near the lows (i.e., Stochastics < 20%) indicate potential upside reversals.
  • Ignore volume surges that appear when Stochastics readings exceed 20% and are below 80%. Market reactions might be short-lived under these circumstances.

Chart 1: S&P 500 Index (^SPX) NewZigzag指标 NewZigzag指标 - Stochastics Fast and Slow

Technical Analysis - Stochastics Fast and Slow

Formula and Calculations

Stochastics is calculated according to the following formula:

Raw Stochastics(n) = 100 * (Recent Close - Lowest Low) / (Highest High - NewZigzag指标 Lowest Low);

%K = 3-period moving average of Raw Stochastics;

%D = 3-periods moving average of %K;

n = number of periods used in the calculation to define highest high and NewZigzag指标 NewZigzag指标 NewZigzag指标 lowest low.

Because it is a percentage or ratio, %K will fluctuate between 0 and NewZigzag指标 100. A 3-day simple moving average of %K is usually plotted alongside %D to act as a signal or trigger line.

By V. K. for MarketVolume.com

Copyright 2004 - 2022 All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Our pages are constantly scanned. If we see that any of our content is published on other NewZigzag指标 website, our first action will be to report this site to Google and Yahoo as NewZigzag指标 NewZigzag指标 a spam website.

MQL4 Reference

MetaQuotes Language 4 (MQL4) is a built-in language for programming trading NewZigzag指标 strategies. This language is developed by MetaQuotes Software Corp. based on their long experience in NewZigzag指标 the creation of online trading platforms. Using this language, you can create your own Expert Advisors that make trading management automated and are perfectly suitable for implementing your own trading strategies. Besides, NewZigzag指标 using MQL4 you can create your own technical indicators (custom indicators), scripts and libraries.

MQL4 contains a large number of functions necessary for analyzing current and previously received quotes, and has built-in basic indicators and functions for managing trade orders and controlling them. The MetaEditor (text editor) that highlights different constructions of MQL4 language is used for writing the program NewZigzag指标 code. It helps users to orientate themselves in the expert system text quite easily.

The brief guide contains functions, operations, reserved words, and other language constructions divided into categories, and allows finding the description of every used element of the language.

Programs written in MetaQuotes Language 4 have different features and purposes:

Trend Wave Indicator

Trend Wave Indicator for MT4

The Trend Wave indicator is a custom forex oscillator. The formula behind that gauge uses the combination of price, exponential, and simple moving averages.

It usually works great at catching accurately short-term price reversals during the ongoing trending market. The bullish and bearish crossovers of the main and signal lines can be used as buy/sell signals (blue and yellow dot).

Another way to use the Trend Wave forex indicator is taking advantage of the recognition of market overbought (when the oscillator exceeds the 60 level) and oversold (when the oscillator drops below the -60 level) levels.

It fits all kinds of timeframes and currency pairs.

The indicator is displayed in a separate window NewZigzag指标 NewZigzag指标 placed just below the main trading chart.

The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your NewZigzag指标 NewZigzag指标 personal preferences.

How to set up the Trend Wave indicator in MT4?

Installation Guide

Copy and paste the TrendWave.ex4 or TrendWave.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Bottom Line

The Trend Wave indicator NewZigzag指标 NewZigzag指标 is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly NewZigzag指标 depending on market conditions. Feel free to develop your own trading system based around it.

Trend Wave Indicator Free Download

To download the Trend Wave Indicator for Metatrader 4 (MT4) for free NewZigzag指标 just click the button below:

RSI with RSI Indicator

RSI with RSI Indicator for MetaTrader 5

The RSI with RSI indicator, as the name suggests, is a tricky combination of two Relative Strength Index indicators into one.

The author of that gauge, Peter Konner describes that his indicators formula is based on two different RSI calculations using different lengths to allow trading of retracements as well as longer-term positions. The five-week and 17-week RSI values are used for entry points and exit points, while NewZigzag指标 NewZigzag指标 the 17-week RSI is used for trend direction as an entry filter in the retracement entries.

Signals provided by the RSI with RSI are represented in the form of orange and blue dots. Simply, long signals are reflected by blue dots, and short signals are reflected by orange dots.

The indicator is displayed in a separate window placed just below the main trading chart.

It fits all kinds of timeframes and currency pairs.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to set up the RSI with RSI indicator in MT5?

Installation Guide

Copy and paste the rsi-with-rsi-indicator.mq5 or rsi-with-rsi-indicator.ex5 indicator files into the MQL5 folder of the Metatrader 5 trading platform.

You can gain access to NewZigzag指标 this folder by clicking the top menu options, which goes as follows:

File > Open NewZigzag指标 Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator find the gauge name, right-click it and select Attach NewZigzag指标 to the chart.

Bottom Line

The RSI with RSI indicator is well worth adding to your NewZigzag指标 trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides NewZigzag指标 false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

RSI with RSI Indicator Free Download

To download the RSI with RSI Indicator for Metatrader 5 (MT5) for free just click the button below: