'Three timeframes Stochastic Average' displays in a separate window three Stochastic Oscillators of the specified timeframes, as well as their average value.

The indicator has twelve input parameters:

  • Stochastic %K period - stochastic %K line calculation period

  • Stochastic %D period - stochastic %D line calculation period

  • Stochastic Slowing - stochastic %slowing period

  • Overbought - overbought level

  • Oversold - oversold level

  • Drawing mode - indicator drawing type

  • Steps - as a ladder

  • Slope - sloping lines

  • First Stochastic timeframe - the timeframe of the first Stochastic indicator

  • Second Stochastic timeframe - the timeframe of the second Stochastic indicator

  • Third Stochastic timeframe - the timeframe of the third Stochastic indicator

  • Show first Stochastic - show the first Stochastic indicator

  • Show second Stochastic - show the second Stochastic indicator

  • Show third Stochastic - show the third Stochastic indicator

Fig.1. Three timeframes Stochastic Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Steps

Fig.2. Three timeframes Stochastic Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Slope