Custom Stochastic Inputs...
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So, I have been using FxDreema for about 2 months now and I absolutely love it. I even love the challenge that it presents a lot of the time...It is many times better than my last program, "Forex Strategy Builder".
That being said, I have a concept that i cannot quite figure out on my own...I love the stochastic oscillator but the problem with it is that the Highest high and the Lowest low that the indicator uses in its calculation, depend solely on the look back period...
I want to know if anyone knows a way that i can customize the stochastic oscillator to use the most recent up fractal and down fractal as its calculation inputs instead of the HH and LL over (X) bars...
I think this will make the indicator much more useful for my purposes...Any and all suggestions are greatly appreciated!
Thank you.
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I must say that I'm not very good with indicators and I only know that Stochastic draws 2 lines and I don't know with what calculations are they made
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Lol! well thank you anyway. The stochastic simply tells you where the current price is at in relation to the highest high and the lowest low over the last (X) bars. I want to change it to where it uses the last up and down fractals as those two inputs instead. Maybe i can create it in MT5 eventually. I love the program you have developed here my friend. I bought it yesterday!
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Do you actually have a custom indicator that draws some extra arrows along with the lines?
