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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Advanced Pattern Exploration
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Multi Fractal Stockastics for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
This indicator is intended to be used in the price chart.
Over the price shows power, below the price weaknes.
It can be read as a normal stockastic on separate window.
Tries to combine various timeframes inomli one stockastic.
Only problem is that it’s scale depends on the spam of the price scale. The price scale have to match the max and min of the stockastic.
Best used to 5 min, D, W, M timeframes
If somene knows how to fix this, I will be glad.
Screenshots
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("MFStck");
Santo4=((StochK(2,8)+StochK(17,8)+StochK(34,8)+StochK(4,8))/400);
Plot(Santo4,"MFStck",colorOrange,styleLeftAxisScale | styleThick);
_SECTION_END();0 comments
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