Stochastic with Noise Reduction – indicator MetaTrader 4
Description: Standard Stochastic Oscillator with sensitivity feature. It has the same parameters, as a standard Stochastic, but there is an additional “sensivity” parameter (Sens in the parameters window) It allows to consider oscillations only below some predefined threshold, specified in points. This way we can reduce a lot of false signals. The classical Lane Stohastic
