Fiji BB Alert
Back to products
RSI Crossing 50 Plus ATR
MT4
Watch video
Click to enlarge

Stochastic With Alert

Are you following higher time frame trend to enter low risk trades in a lower time frame. The Stochastic with alert MT4 indicator provides the higher trend direction and buy and sell arrow based forex trading signals.

Indicator Type

Trading Style

,

Timeframe

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 174

Download now
Description

The Stochastic with alert MT4 indicator plots the stochastic values of a higher time frame on the current chart. This enables forex traders to understand the underlying bullish or bearish trend on a higher time frame. As a result, it helps traders to identify the best entry and exit points in the lower time frame. Moreover, the indicator generates forex trading alert and buy and sell arrow trading signals as the stochastic lines crossover.

Features of Stochastic with Alert MT4 Indicator

The indicator plots the blue up buy arrow on the indicator window and price chart in a bullish market condition. Similarly, it plots a red down arrow sell arrow if the trend is bearish. The indicator generates the trading signals whenever K and D line of the stochastic oscillator crossover each other.

By default the indicator uses the H4 price chart for stochastic calculation and plots it in a separate indicator window. However, traders can adjust these input settings to accommodate their trading style.

The H4 Stochastic values provide trading signals for short and long-term forex traders. However, intraday traders should consider choosing H1 as a higher time frame.

Traders can follow the arrow trading signals and enter the markets with a stop loss below the previous swing low/high. The best strategy to book profit is to exit at an opposite trading signal.

Benefits of Stochastic with Alert MT4 Indicator

Stochastic indicator is a reliable technical analysis indicator and is an integral part in many forex technical trading strategies. This multi time frame (mtf) indicator provides the solution to technical traders using higher time frame to identify the trend direction.

Indicator Settings Description

TimeFrame: Indicator use this time frame for stochastic calculation.

KPeriod:, DPeriod:, Slowing: Inputs for stochastic.

MAMethod:, PriceField: Moving average calculation method and price type.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Stochastic With Alert”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

MACD True

The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
MT4
Quick view
Add to wishlist

Vortex Indicator

,
Identify the beginning of bullish and bearish forex price trends with crossover of the indicator lines with Vortex indicator. Easy identification of trend direction and strength helps to exit early to retain profits as much as possible. Free to use. Download this MetaTrader indicator now.
MT4
Quick view
Add to wishlist

FX5 MACD Divergence

,
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
MT4
Quick view
Add to wishlist

Power Trend

The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
MT4
Quick view
Add to wishlist

MACD 4C

,
The MACD 4C Indicator for MT4 is a customized MACD. The indicator detects the trend and momentum of a currency pair and displays it on the chart using four different colors.
MT4
Quick view
Add to wishlist

ROC Indicator

,
The ROC Indicator is a popular and useful Forex indicator for MT4 that is free to download. It is used to measure the rate of change in price movements over a given time period. The indicator is useful for traders as it can help identify when a price is overbought or oversold, and when a trend is reversing. The ROC Indicator is a popular and useful tool for traders who want to make informed decisions about their trading strategies.
MT4
Quick view
Add to wishlist

TMA MACD

,
The TMA MACD indicator displays buy and sell entries when the MACD and the TMA line cross.
MT4
Quick view
Add to wishlist

Chaikin Money Flow

The Chaikin Money Flow indicator for MT4 detects buying and selling pressure in the market. Overall, it is a helpful tool for traders looking to gain an edge in the forex market.