Friday, August 3, 2012

StepMA Stochastic



The next Metatrader Indicator I wish to discuss here is an offshoot of the StepMA  called the StepMA Stochastic  which is also quite popular among the forex traders. It also forms a part of the popular strategy  called CATFX50 in the forex forums.

A step channel is formed with the Maximum and minimum volatility and a stepSize.
Volatility is measured in terms of the spread.

Formula of Stochastic s used in this indicator is like below

Stochastic fast = (Min. Volatility- channel  lower  Border)/(channel  upper Border- channel  lower  Border)
Stochastic slow = (Mid. Volatility-  channel lower  Border)/( channel top Border - channel  lower  Border)













13 comments:

  1. Very nice and devoted initiative ! Thanks a lot Karthik ji.

    ReplyDelete
  2. Thanks, Hope all this is useful to everybody

    ReplyDelete
  3. AFL available from my web site www.tatechnics.in

    ReplyDelete
  4. Hi,

    i register to website but no response from your admin. How to download?

    ReplyDelete
  5. hi

    Your account is activated now. sorry I was on vacation.

    Regards

    ReplyDelete
  6. Kartik ji,

    Please activate my account. Otherwise I cud not participate

    ReplyDelete
  7. Thanks Kartik ji for activating my account. But I was unable to add anything to my cart like 3G indicator which costs $5 though I have $6.
    Now regarding StepMA Stochastic Could u please ecplain how to use this stochastic along with price chart becoz if I consider October to November time frame in the picture StepMA price was rising but StepMA Stochastic was lying flat or the slope was not step.
    I hope u understand my query.

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  8. Plz say what is process of download? as i have earned 18 point but How to get download link to download as no email with this regards

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  9. looks your website not working www.tatechnics.in. help me how can i download stepma afl

    ReplyDelete