Stochastic EMA, SMA, VWMA + Divergence

Every MetaTrader User knows the function to switch the stochastic calculation from simple to exponential.

So i took the original Stochastic code from TV and enhanced it for the SMA, EMA, and VWMA smoothing. If you are using a longer K Smoothing interval you will recognize a notable difference between SMA and EMA.

Standard Stochastic Calculation that is well kown
Option to switch smoothing calculation
Choice between Simple Moving Average, Exponential Moving Average, Volume Weighted Moving Average

If you have more wishes regarding the smoothing, just leave a comment i can add a lot more...

On my to-do list is also the divergence lines known from the "divergence indicator" (RSI).

I hope this helps to get better entries ;-)

Have fun!

릴리즈 노트

If you are daytrader, you want to have an set lines for slow and fast stochastic. Added an switch to active a 2nd pair of lines for stochastic so you can scalp with slow and fast lines.

The embedded screenshot shows our preferred settings from MT4.

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

Roul_Charts

Got a lot of feature requests to pay for additions. I will never ever charge any money or sell subscriptions for retailers.

If the idea is good, i will sit down and try to make it happen for free. You can buy me a coffee instead.

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