Thread: Stochastics...
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Old 10-20-2006, 03:05 AM
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Quote:
Originally Posted by Eaglehawk
PeaceLover, (nice name), stolcastics are nothing but two moving averages on a percentage graph rather than a price graph. if you have to moving averages on your graph, it'll show the same results as a stolcastics.

the same is true for several indicators. cci is used from the same equation as bollinger bands, when bollinger bands close together, a cci shows a price divergance. macd is just two moving averages on a histogram, and so forth.
Thanks for the explaintion, but that still leaves my guestion unanswered. How to i plot, MACD, Stoch, CCi on the price graph in MT4.
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