Boxinglife Stochastic2

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Boxinglife Stochastic2

The Boxinglife Stochastic is a multi-timeframe technical analysis tool designed to provide traders with a visual overview of market momentum across various periods simultaneously. Instead of looking at one chart at a time, this script consolidates data from multiple timeframes and different stochastic settings into a single display area on your main chart.

Core Functionality

Multi-Timeframe Monitoring The script monitors eight distinct timeframes: 5 Minutes (M5), 15 Minutes (M15), 30 Minutes (M30), 1 Hour (H1), 4 Hours (H4), Daily (D1), Weekly (W1), and a specific 10,080-minute interval. It organizes these into a clean, labeled layout so you can see the "big picture" alongside immediate price action.

Diverse Stochastic Analysis Within each timeframe, the tool calculates eight different variations of the Stochastic Oscillator. These variations range from very fast (period of 5) to much slower and more smoothed settings (up to 150). By doing this, the script helps identify both rapid "scalping" opportunities and long-term trend shifts.

Visual Signals & Logic The tool uses a system of color-coded arrows to signal potential market movements based on specific mathematical conditions:

  • Bullish Signals (Green Arrows): These appear under two main conditions:
    1. When the primary momentum is moving upward and is currently positioned between the 20 and 80 levels (indicating a healthy trend).
    2. When the momentum exceeds the 80 level, suggesting a strong upward push.
  • Bearish Signals (Red Arrows): These appear under two main conditions:
    1. When the momentum is moving downward and is positioned between the 20 and 80 levels (indicating a healthy downtrend).
    2. When the momentum drops below the 20 level, suggesting a strong downward push.

User Experience

The script is designed to be "set and forget" on your chart. It automatically handles the creation and deletion of labels and arrows, ensuring that the workspace remains organized. The use of distinct labels (like M5, H1, etc.) and clear directional icons allows a trader to quickly scan the screen to see where different timeframes are in agreement—a technique often used to find high-probability entries where short-term momentum aligns with long-term trends.

Indicators Used
Stochastic oscillator
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0 Downloads
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Boxinglife Stochastic2 
//+------------------------------------------------------------------+
//|                                        Boxinglife Stochastic.mq4 |
//|                                                 author : Skyline |
//|                                          email : glicci@yahoo.it |
//+------------------------------------------------------------------+
// You can find me at following forums :
// www.forexpertutti.it (italian forum)
// www.fastbrokers.net/forum (international forum)
// www.forexfactory.com (international forum)

// v1.0 [07 May 2007] ** Indicator created
// v1.1 [10 july 2007 ] ** Indicator modified by Melpheos
#property copyright ""
#property link      ""

#property indicator_chart_window
extern color  Color      = White;
extern int    Label_Size = 20;
extern int    Signal = 10;
extern int    Slowing = 20;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
     ObjectDelete("Label_M5");
     ObjectDelete("Label_M15");
     ObjectDelete("Label_M30");
     ObjectDelete("Label_H1");
     ObjectDelete("Label_H4");
     ObjectDelete("Label_D1");
     ObjectDelete("Label_W1");
     ObjectDelete("Label_5");
     ObjectDelete("Label_30");
     ObjectDelete("Label_50");
     ObjectDelete("Label_70");
     ObjectDelete("Label_90");
     ObjectDelete("Label_110");
     ObjectDelete("Label_130");
     ObjectDelete("Label_150");
     ObjectDelete("ArrowStoch5_TF5");
     ObjectDelete("ArrowStoch30_TF5");
     ObjectDelete("ArrowStoch50_TF5");
     ObjectDelete("ArrowStoch70_TF5");
     ObjectDelete("ArrowStoch90_TF5");
     ObjectDelete("ArrowStoch110_TF5");
     ObjectDelete("ArrowStoch130_TF5");
     ObjectDelete("ArrowStoch150_TF5");
     ObjectDelete("ArrowStoch5_TF15");
     ObjectDelete("ArrowStoch30_TF15");
     ObjectDelete("ArrowStoch50_TF15");
     ObjectDelete("ArrowStoch70_TF15");
     ObjectDelete("ArrowStoch90_TF15");
     ObjectDelete("ArrowStoch110_TF15");
     ObjectDelete("ArrowStoch130_TF15");
     ObjectDelete("ArrowStoch150_TF15");
     ObjectDelete("ArrowStoch5_TF30");
     ObjectDelete("ArrowStoch30_TF30");
     ObjectDelete("ArrowStoch50_TF30");
     ObjectDelete("ArrowStoch70_TF30");
     ObjectDelete("ArrowStoch90_TF30");
     ObjectDelete("ArrowStoch110_TF30");
     ObjectDelete("ArrowStoch130_TF30");
     ObjectDelete("ArrowStoch150_TF30");
     ObjectDelete("ArrowStoch5_TF60");
     ObjectDelete("ArrowStoch30_TF60");
     ObjectDelete("ArrowStoch50_TF60");
     ObjectDelete("ArrowStoch70_TF60");
     ObjectDelete("ArrowStoch90_TF60");
     ObjectDelete("ArrowStoch110_TF60");
     ObjectDelete("ArrowStoch130_TF60");
     ObjectDelete("ArrowStoch150_TF60");
     ObjectDelete("ArrowStoch5_TF240");
     ObjectDelete("ArrowStoch30_TF240");
     ObjectDelete("ArrowStoch50_TF240");
     ObjectDelete("ArrowStoch70_TF240");
     ObjectDelete("ArrowStoch90_TF240");
     ObjectDelete("ArrowStoch110_TF240");
     ObjectDelete("ArrowStoch130_TF240");
     ObjectDelete("ArrowStoch150_TF240");
     ObjectDelete("ArrowStoch5_TF1440");
     ObjectDelete("ArrowStoch30_TF1440");
     ObjectDelete("ArrowStoch50_TF1440");
     ObjectDelete("ArrowStoch70_TF1440");
     ObjectDelete("ArrowStoch90_TF1440");
     ObjectDelete("ArrowStoch110_TF1440");
     ObjectDelete("ArrowStoch130_TF1440");
     ObjectDelete("ArrowStoch150_TF1440");
     ObjectDelete("ArrowStoch5_TF10080");
     ObjectDelete("ArrowStoch30_TF10080");
     ObjectDelete("ArrowStoch50_TF10080");
     ObjectDelete("ArrowStoch70_TF10080");
     ObjectDelete("ArrowStoch90_TF10080");
     ObjectDelete("ArrowStoch110_TF10080");
     ObjectDelete("ArrowStoch130_TF10080");
     ObjectDelete("ArrowStoch150_TF10080");
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {

         
   int    counted_bars=IndicatorCounted();

   // Disegna label per timeframe
   DrawTFLabel(5,"Label_M5",210,40);
   DrawTFLabel(15,"Label_M15",210,60);
   DrawTFLabel(30,"Label_M30",210,80);
   DrawTFLabel(60,"Label_H1",210,100);
   DrawTFLabel(240,"Label_H4",210,120);
   DrawTFLabel(1440,"Label_D1",210,140);
   DrawTFLabel(10080,"Label_W1",210,160);
 
   // Disegna label per stoch
   DrawStochLabel(5,"Label_5",185,20);
   DrawStochLabel(30,"Label_30",160,20);
   DrawStochLabel(50,"Label_50",135,20);
   DrawStochLabel(70,"Label_70",110,20);
   DrawStochLabel(90,"Label_90",85,20);
   DrawStochLabel(110,"Label_110",60,20);
   DrawStochLabel(130,"Label_130",35,20);
   DrawStochLabel(150,"Label_150",10,20);

   // Disegna Freccie per TF5
   DrawArrow(5,5,"ArrowStoch5_TF5",180,35);
   DrawArrow(5,30,"ArrowStoch30_TF5",157,35);
   DrawArrow(5,50,"ArrowStoch50_TF5",133,35);
   DrawArrow(5,70,"ArrowStoch70_TF5",110,35);
   DrawArrow(5,90,"ArrowStoch90_TF5",85,35);
   DrawArrow(5,110,"ArrowStoch110_TF5",60,35);
   DrawArrow(5,130,"ArrowStoch130_TF5",35,35);
   DrawArrow(5,150,"ArrowStoch150_TF5",10,35);

   // Disegna Freccie per TF15   
   DrawArrow(15,5,"ArrowStoch5_TF15",180,56);
   DrawArrow(15,30,"ArrowStoch30_TF15",157,56);
   DrawArrow(15,50,"ArrowStoch50_TF15",133,56);
   DrawArrow(15,70,"ArrowStoch70_TF15",110,56);
   DrawArrow(15,90,"ArrowStoch90_TF15",85,56);
   DrawArrow(15,110,"ArrowStoch110_TF15",60,56);
   DrawArrow(15,130,"ArrowStoch130_TF15",35,56);
   DrawArrow(15,150,"ArrowStoch150_TF15",10,56);
   
   // Disegna Freccie per TF30
   DrawArrow(30,5,"ArrowStoch5_TF30",180,75);
   DrawArrow(30,30,"ArrowStoch30_TF30",157,75);
   DrawArrow(30,50,"ArrowStoch50_TF30",133,75);
   DrawArrow(30,70,"ArrowStoch70_TF30",110,75);
   DrawArrow(30,90,"ArrowStoch90_TF30",85,75);
   DrawArrow(30,110,"ArrowStoch110_TF30",60,75);
   DrawArrow(30,130,"ArrowStoch130_TF30",35,75);
   DrawArrow(30,150,"ArrowStoch150_TF30",10,75);
      
   // Disegna Freccie per TF60   
   DrawArrow(60,5,"ArrowStoch5_TF60",180,96);
   DrawArrow(60,30,"ArrowStoch30_TF60",157,96);
   DrawArrow(60,50,"ArrowStoch50_TF60",133,96);
   DrawArrow(60,70,"ArrowStoch70_TF60",110,96);
   DrawArrow(60,90,"ArrowStoch90_TF60",85,96);
   DrawArrow(60,110,"ArrowStoch110_TF60",60,96);
   DrawArrow(60,130,"ArrowStoch130_TF60",35,96);
   DrawArrow(60,150,"ArrowStoch150_TF60",10,96);
   
   // Disegna Freccie per TF240   
   DrawArrow(240,5,"ArrowStoch5_TF240",180,116);
   DrawArrow(240,30,"ArrowStoch30_TF240",157,116);
   DrawArrow(240,50,"ArrowStoch50_TF240",133,116);
   DrawArrow(240,70,"ArrowStoch70_TF240",110,116);
   DrawArrow(240,90,"ArrowStoch90_TF240",85,116);
   DrawArrow(240,110,"ArrowStoch110_TF240",60,116);
   DrawArrow(240,130,"ArrowStoch130_TF240",35,116);
   DrawArrow(240,150,"ArrowStoch150_TF240",10,116);
   
   // Disegna Freccie per TF1440   
   DrawArrow(1440,5,"ArrowStoch5_TF1440",180,136);
   DrawArrow(1440,30,"ArrowStoch30_TF1440",157,136);
   DrawArrow(1440,50,"ArrowStoch50_TF1440",133,136);
   DrawArrow(1440,70,"ArrowStoch70_TF1440",110,136);
   DrawArrow(1440,90,"ArrowStoch90_TF1440",85,136);
   DrawArrow(1440,110,"ArrowStoch110_TF1440",60,136);
   DrawArrow(1440,130,"ArrowStoch130_TF1440",35,136);
   DrawArrow(1440,150,"ArrowStoch150_TF1440",10,136);
   
   // Disegna Freccie per TF10080   
   DrawArrow(10080,5,"ArrowStoch5_TF10080",180,156);
   DrawArrow(10080,30,"ArrowStoch30_TF10080",157,156);
   DrawArrow(10080,50,"ArrowStoch50_TF10080",133,156);
   DrawArrow(10080,70,"ArrowStoch70_TF10080",110,156);
   DrawArrow(10080,90,"ArrowStoch90_TF10080",85,156);
   DrawArrow(10080,110,"ArrowStoch110_TF10080",60,156);
   DrawArrow(10080,130,"ArrowStoch130_TF10080",35,156);
   DrawArrow(10080,150,"ArrowStoch150_TF10080",10,156);
   
//----
   
//----
   return(0);
  }
   //DrawTFLabel(5,"Label_M5",150,40);

// Routine per disegnare le label degli stoch
  // DrawStochLabel(5,"Label_Stoch5",110,20);
void DrawStochLabel(int TipoStoch, string Label, int PosX, int PosY)
{
    // Stoch5 Label
   ObjectCreate(Label, OBJ_LABEL, 0, 0, 0);
   ObjectSet(Label, OBJPROP_CORNER, 1);
   ObjectSet(Label, OBJPROP_XDISTANCE, PosX);
   ObjectSet(Label, OBJPROP_YDISTANCE, PosY);  
   if (TipoStoch == 5)  ObjectSetText(Label, "5", 8, "Comic Sans MS", White);
   if (TipoStoch == 30) ObjectSetText(Label, "30", 8, "Comic Sans MS", White);   
   if (TipoStoch == 50) ObjectSetText(Label, "50", 8, "Comic Sans MS", White);
   if (TipoStoch == 70)  ObjectSetText(Label, "70", 8, "Comic Sans MS", White);
   if (TipoStoch == 90) ObjectSetText(Label, "90", 8, "Comic Sans MS", White);   
   if (TipoStoch == 110) ObjectSetText(Label, "110", 8, "Comic Sans MS", White); 
   if (TipoStoch == 130)  ObjectSetText(Label, "130", 8, "Comic Sans MS", White);
   if (TipoStoch == 150) ObjectSetText(Label, "150", 8, "Comic Sans MS", White);   
  
}
      
// Routine per disegnare le label dei timframe
void DrawTFLabel(int TF, string Label, int PosX, int PosY)
{
   // M5 Label
   ObjectCreate(Label, OBJ_LABEL, 0, 0, 0);
   ObjectSet(Label, OBJPROP_CORNER, 1);
   ObjectSet(Label, OBJPROP_XDISTANCE, PosX);
   ObjectSet(Label, OBJPROP_YDISTANCE, PosY);
   if (TF == 5)  ObjectSetText(Label, "M5", 8, "Comic Sans MS", White);
   if (TF == 15) ObjectSetText(Label, "M15", 8, "Comic Sans MS", White);
   if (TF == 30) ObjectSetText(Label, "M30", 8, "Comic Sans MS", White);   
   if (TF == 60) ObjectSetText(Label, "H1", 8, "Comic Sans MS", White); 
   if (TF == 240) ObjectSetText(Label, "H4", 8, "Comic Sans MS", White);
   if (TF == 1440) ObjectSetText(Label, "D1", 8, "Comic Sans MS", White);  
   if (TF == 10080) ObjectSetText(Label, "W1", 8, "Comic Sans MS", White);
}

// Routine per disegnare la freccia
void DrawArrow(int TF, int TipoStoch, string NameArrow, int PosX, int PosY)
{ string Temp;
    // Arrow Stoch5_TF5 
   if ( StochMain(TF,TipoStoch) > StochSignal(TF,TipoStoch) && StochMain(TF,TipoStoch)<80 && StochMain(TF,TipoStoch)>20) 
   { 
    Temp="Ù";
    Color = Green;
   }
   if ( StochMain(TF,TipoStoch)>80 )
   { 
    Temp="Ù";
    Color = Green;
   }
   if ( StochMain(TF,TipoStoch) < StochSignal(TF,TipoStoch) && StochMain(TF,TipoStoch)>20 && StochMain(TF,TipoStoch)<80) 
   { 
    Temp="Ú";
    Color = Red;
   } 
   if ( StochMain(TF,TipoStoch)<20 )
   {
    Temp="Ú";
    Color = Red;
   } 
   
   ObjectDelete(NameArrow);
   ObjectCreate(NameArrow, OBJ_LABEL, 0, 0, 0);
   ObjectSetText(NameArrow,Temp,15, "Wingdings", Color);
   ObjectSet(NameArrow, OBJPROP_CORNER, 1);
   ObjectSet(NameArrow, OBJPROP_XDISTANCE,PosX);
   ObjectSet(NameArrow, OBJPROP_YDISTANCE,PosY);

}
 
// Rileva valore Main Stocastico
double StochMain(int TF,int TipoStoch)
{ double valore;
  if (TipoStoch == 5)  valore = iStochastic(NULL,TF,TipoStoch,3,3,MODE_SMA,0,MODE_MAIN,0);
  if (TipoStoch == 30) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0); 
  if (TipoStoch == 50) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0);
  if (TipoStoch == 70)  valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0);
  if (TipoStoch == 90) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0); 
  if (TipoStoch == 110) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0); 
  if (TipoStoch == 130)  valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0);
  if (TipoStoch == 150) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_MAIN,0); 
  return(valore);
}  

// Rileva valore Signal Stocastico
double StochSignal(int TF,int TipoStoch)
{ double valore;
  if (TipoStoch == 5)  valore = iStochastic(NULL,TF,TipoStoch,3,3,MODE_SMA,0,MODE_SIGNAL,0);
  if (TipoStoch == 30) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0); 
  if (TipoStoch == 50) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0);
  if (TipoStoch == 70)  valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0);
  if (TipoStoch == 90) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0); 
  if (TipoStoch == 110) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0); 
  if (TipoStoch == 130)  valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0);
  if (TipoStoch == 150) valore = iStochastic(NULL,TF,TipoStoch,Signal,Slowing,MODE_SMA,0,MODE_SIGNAL,0); 
  return(valore);  
}  

//+------------------------------------------------------------------+

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