DiNapoli Stochastic - oscillator
DiNapoli Stochastic indicator is based on the traditional Lane stochasticity supplied with the software package MT4. DiNapoli Stochastic demonstrates smoother indicators, and therefore gives fewer false signals compared to a traditional oscillator.
The smoothing technique results in filtering out most of the "noise" component of the price movement.
It is recommended to use the indicator together with the indicator MACD(8, 18, 9).
Commentary from ForTrader.org: the DiNapoli Stochastic indicator can be used in strategies focused on the regular stochastic. However, a stronger smoothing may result in the loss of a number of signals.
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