Stochastic multi-timeframe indicator for MT5
Stochastic multi-timeframe indicatorwritten for use in the platform MT5 is a standard stochasticThe Stochastic multi-timeframe indicator has the ability to display data from different timeframes on the same chart. So, for example, you can build a Stochastic multi-timeframe indicator on the M5 timeframe for m1, H4 or Daily.
If the timeframe of the indicator is less than the period of the price chart, then of course you can't fit all the data, so the Stochastic is built either by the closing price of the last fully formed bar of a smaller timeframe (Close), or at the opening price of the last bar of a smaller timeframe. Even if it is not yet formed (Open).
In a combination of work Stochastic multi-timeframe indicator for MT5 can be any timeframe with any, even one that the terminal does not offer you. However, it takes some time to build at the initial loading of the indicator.
Commentary from ForTrader.org: Stochastic multi-timeframe for MT5 - interesting and easy to use indicator that allows you to get rid of unnecessary windows on the desktop.