EasyLanguage question

[loopyno]

Hi everybody

 

Does anyone know what FastD(25) mean in mql or simple English :P

I think it has something to do with Stochastics :) But i must understand in order to use it in MT4

 

Thanks

Loopyno

[prabuc]

its average of previous 25 bars of fastk

 

fastk = (close - lowestlow)/(higesthigh-lowestlow)*100 where

Close = Currentbar close;

lowestlow = lowest low of the previous 25 bars;

Highesthigh = highesthigh of the previous 25 bars;

 

Rgds

Prabu c