Tag Archives: Stochastic

Learn How To Trade The Stochastic Oscillator

by Prof FX - Feb 25 | in Technical

The Stochastic oscillator, invented by George Lane measures momentum in the market and consists of two lines (%D and %K).

The Stochastic oscillator oscillates between 0 and 100 while readings above 80 are considered overbought and readings below 20 considered oversold. Values between 20 and 80 are considered neutral.

AUD/USD Stochastic Oscillator (Stoch) Hourly Chart

Trade The Stochastic Oscillator

Type of technical indicator: Momentum oscillator

Forex signals from the Stochastic oscillator

1. In trending markets

Oversold values (0-20): Look to buy dips in uptrends.
Overbought values (80-100): Look to sell rallies in downtrends.

2. In rangebound markets

Oversold values (0-20): Look for opportunities to buy near the low of the trading range.
Overbought values (80-100): Look for opportunities to sell near the high of the trading range.

Powerful trading combinations with the Stochastic indicator

Always use the Stochastic oscillator in conjunction with other analysis tools/indicators to make better trading decisions in the forex market.

Trend Line Scalping Strategy

Trend Line Forex Scalper provides an easy, yet effective way to scalp the forex on 1 min forex charts. The strategy is composed of the Stochastic oscillator and rising or falling trend lines.

Chart Setup:

• Preferred currency pair to trade: Major Currency Pairs
• Time to Trade : Euro and Us Session
• Timeframe: 1 Min or M5

Indicators:

Stochastic Oscillator (default settings: 5,3,3)

Trend Line Forex Scalper Example

Trend Line Scalping Strategy

How it works:

BUY TRADE

• Draw a significant rising trend line in a up trending market.
• The currency pair retreats towards the rising trend line but doesn’t close below.
• Open a buy trade if the Stochastic oscillator turns back above 20 from oversold readings below 20 (gray circle on the chart above).
• Place your stop loss 1 pip below the rising trend line.
• Price objective 20 pips or better.

SELL TRADE

• Draw a significant falling trend line in a down trending market.
• The currency pair retreats towards the falling trend line but doesn’t close above.
• Open a sell trade if the Stochastic oscillator turns back below 80 from overbought readings above 80.
• Place your stop loss 1 pip above the falling trend line.
• Price objective 20 pips or better.

Trend Following with Stochastic Oscillator

The trend following stochastic forex trading strategy is an easy to understand yet profitable strategy to trade currencies. The only tools we need in order to apply this method is the stochastic indicator, ATR(14) and trend lines.

Setup

Preferred Time Frame’s: 30 min and above

Recommended Trading Sessions: Any

Pairs: Any

Indicators:

  • Stochastic Oscillator (5,3,3)
  • Average True Range ATR (14)

Rules for a Short Trade

  1. Find a down trending market and draw a falling trend line connecting the successive temporary resistance tops.
  2. Wait for the price to rally towards the falling trend line.
  3. Go short in the vicinity of the falling trend line if the Stochastic Oscillator turns negative from overbought market conditions.
  4. Place stop 3 pips above the most recent level of resistance.
  5. Trade objective: 50% of 14 day average true range (ATR).

Rules for a Long Trade

  1. Find an up trending market and draw a rising trend line connecting the successive temporary support bottoms.
  2. Wait for the price to pullback towards the rising trend line.
  3. Go long in the vicinity of the rising trend line if the Stochastic Oscillator turns positive from oversold market conditions.
  4. Place stop 3 pips below the most recent level of support.
  5. Trade objective: 50% of 14 day average true range (ATR).

Trading example (GBP/USD 1 Hour Chart)

Trend Following with Stochastic

The gbp/usd is in an up trend supported by the rising trend line. The price pulls back towards the rising trend line while the Stochastic Oscillator turns positive from oversold market readings (below 20).

We open a long buy at 1.5590 with stop 3 pips below the most recent level of support at 1.5590. Our trade objective is 50% of ATR which is 75 pips. The trade was closed about 4 candlesticks later at 1. 5690 for 75 pips while the risk was only 25 pips (+ spread).

Simple Two Indicators Forex Strategy

Introduction: 

The simple two indicators forex trading strategy consists of two basic indicators: Stochastic Oscillator and MACD and provides entry, exit and stop loss levels.

The strategy was designed to buy dips in up trends and sell rallies in down trends, thus keeping the risk as low as possible for the trader.

Preferred Time Frame: 15 Min

Preferred Currency Pairs: Any currency pair with good volatility

Indicators:

  • Stochastic Oscillator (5,3,3)
  • MACD (5,35,5)

Entry Rules:

  • Buy if MACD >0 and Stochastic Oscillator trades below 20 and crosses back above (buy dips)
  • Sell if MACD <0 and Stochastic Oscillator trades above 80 and crosses back below (sell rallies)

Stop Loss Rules:

  • For buy orders: Place stop loss 5 pips below most recent support level
  • For sell orders: Place stop loss 5 pips above most recent resistance level

Trade Objective: 50 pips or more

Simple Indicators Forex Trading Strategy Example:

Simple Two Indicators Forex Strategy

The first short signal at 1.3202 reached our 50 pip target at 1.3152. The second short entry was stopped out for a 15 pips loss (+33 max).

Stochastic 1 Min Forex Scalper

The stochastic 1 min forex scalper trades with the overall trend. The strategy uses a 100 simple moving average for trend determination and a stochastic oscillator with default settings to pinpoint the trade entry.

We always trade near significant support and resistance levels for improved trade performance and low risk to reward trades.

Trade Preferences:

  • Currency pairs: Majors
  • Trading sessions: Euro and US
  • Timeframe: 1 Min chart

Indicators

  • Simple Moving Average period 100
  • Stochastic Oscillator (default)

GBP/USD 1 Min chart Example

Stochastic 1 Min Forex Scalper

Stochastic 1 Min Forex Scalper Trading Rules:

BUY TRADE

  1. Price trades above the 100 SMA.
  2. Find significant levels of support and draw horizontal a line.
  3. Wait for the currency price to retreat back to the support line.
  4. Wait for the stochastic oscillator to trade from below 20 back above 20.
  5. Open a long trade.
  6. Place stop loss 1 pip below support.
  7. Profit target should be at least 20 pips or more.

SELL TRADE

  1. Price trades below the 100 SMA.
  2. Find significant levels of resistance and draw horizontal line.
  3. Wait for the currency price to retreat back to the resistance line.
  4. Wait for the stochastic oscillator to trade from above 80 back below 80.
  5. Open a short trade.
  6. Place stop loss 1 pip above resistance.
  7. Profit target should be at least 20 pips or more.

FX5 Forex Trading Strategy

FX5 forex trading strategy is a simple and effective trend following method for any major exchange rate. I hope you can adapt this strategy to suit your trading style.

Strategy Description:

An intra day forex trend following trading method.

Indicators:

  • 10 period WMA (Weighted Moving Average)
  • 20 period SMA (Simple Moving Average)
  • Slow Stochastic (10,6,6)
  • RSI (28)
  • MACD (24/52/18)

EUR/USD Buy Trade Example

FX5 Forex Trading Strategy

Forex Trading Rules:

  1. Only take trades between 8AM-12PM EST and/or 2AM-4AM EST.
  2. BUY the exchange rate when the 10 WMA crosses up past the 20 SMA and the Stochastic is signaling up (fast line above the slow line), RSI > 50 and the MACD histogram >0 and MACD averages crossed up.
  3. SELL the exchange rate when the 10 WMA crosses down past the 20 SMA and the Stochastic is signaling down (fast line below slow line), RSI<50 and the MACD histogram <0 and MACD averages crossed down.
  4. Try and take profits at or near key levels: Try and take profits at exchange rates ending with 00, 20, 50, 80 e.g. EUR/USD 1.1980
  5. Stop-Loss Level: discretionary or below/above most recent level of support/resistance.

1 Min Forex Scalping System

1 Min forex scalping system can be used on the EUR/USD, GBP/USD, GBP/JPY and AUD/USD. I am trading this system with success averaging 300 pips/month.

Chart Setup

  • 1 Min chart
  • Trading sessions: London and US Session

Indicators:

  • MACD with basic settings (12/26/9)
  • Stoch with setting (8/3/3)

Trading Rules

Long Entry

MACD>0 and Stoch indicator crosses from below 20 back above 20 ===> BUY

Short Entry

MACD>o and Stock indicators crosses from above 80 back below 80 ===> SELL

Stop Loss

  • Place stop loss below the most recent support or above the most recent resistance level.
  • Note: Avoid stops >10 pips, just skip the trade and wait a better setup.

Price Objective

Exit the trade for at least 15 pips or more.

1 Min Scalping Trading System Example

1 Min Forex Scalping System

The 1 Min EUR/USD chart shows a valid trading setup. MACD>0 and Stoch crosses back above 20. I bought the EUR/USD at 1.3311 with stop loss placed 1 pip below the most recent support at 1.3307 (that’s just 4 pips + 1 pip spread).

The 15 pip target was easily hit 7 minutes later at 1.3326. Risk-to-reward ratio was 1:3.

Step Stochastic

Step Stochastic indicator for Metatrader 5 Step Stochastic indicator for Metatrader 5
Step Stochastic indicator for Metatrader 5 Step Stochastic indicator for Metatrader 5

How To Install Metatrader 5 Step Stochastic indicator

  1. Download and save the “Step Stochastic indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Step Stochastic indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Step Stochastic” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Step Stochastic indicator for Metatrader 5

FileName: Step Stochastic.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 68.8 kb
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Stochastic with support-resistance levels

Stochastic with support-resistance levels MT5 Stochastic with support-resistance levels MT5
Stochastic with support-resistance levels MT5 Stochastic with support-resistance levels MT5

How To Install Metatrader 5 Stochastic with support-resistance levels indicator

  1. Download and save the “Stochastic with support-resistance levels indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Stochastic with support-resistance levels indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic with support-resistance levels” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Stochastic with support-resistance levels indicator for Metatrader 5

FileName: Stochastic with support-resistance levels.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 44.4 kb
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Stochastic MACD

Stochastic MACD indicator for Metatrader 5 Stochastic MACD indicator for Metatrader 5
Stochastic MACD indicator for Metatrader 5 Stochastic MACD indicator for Metatrader 5

How To Install Metatrader 5 Stochastic MACD indicator

  1. Download and save the “Stochastic MACD indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Stochastic MACD indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic MACD” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Stochastic MACD indicator for Metatrader 5

FileName: Stochastic MACD.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 37.3 kb
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Stochastic RSI OMA

Stochastic RSI OMA indicator for Metatrader 5 Stochastic RSI OMA indicator for Metatrader 5
Stochastic RSI OMA indicator for Metatrader 5 Stochastic RSI OMA indicator for Metatrader 5

How To Install Metatrader 5 Stochastic RSI OMA indicator

  1. Download and save the “Stochastic RSI OMA indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Stochastic RSI OMA indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic RSI OMA” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Stochastic RSI OMA indicator for Metatrader 5

FileName: Stochastic RSI OMA.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 82.7 kb
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MA AC Stochastic Signal

MA AC Stochastic Signal MA AC Stochastic Signal
MA AC Stochastic Signal MA AC Stochastic Signal

How To Install Metatrader 5 MA AC Stochastic Signal indicator

  1. Download and save the “MA AC Stochastic Signal indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “MA AC Stochastic Signal indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “MA AC Stochastic Signal” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download MA AC Stochastic Signal indicator for Metatrader 5

FileName: MA AC Stochastic Signal.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 16.9 kb
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FisherTransform

How To Install Metatrader 5 FisherTransform indicator

  1. Download and save the “FisherTransform indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “FisherTransform indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “FisherTransform” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download FisherTransform indicator for Metatrader 5

FileName: FisherTransform.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part5mt5

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File size: 20.1 kb
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Kase Permission Stochastic Histogram

Kase Permission Stochastic Histogram mt4 Kase Permission Stochastic Histogram mt4
Kase Permission Stochastic Histogram mt4 Kase Permission Stochastic Histogram mt4

How to Instal “Kase Permission Stochastic Histogram” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “Kase Permission Stochastic Histogram” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “Kase Permission Stochastic Histogram” indicator into this folder.
  6. Restart Metatrader 4.
  7. “Kase Permission Stochastic Histogram” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “Kase Permission Stochastic Histogram” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Kase Permission Stochastic Histogram”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download Kase Permission Stochastic Histogram indicator for Metatrader 4

FileName: Kase Permission Stochastic Histogram.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part8mt4

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File size: 20.1 kb
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Stochastic Cross Alert

Stochastic Cross Alert Stochastic Cross Alert
Stochastic Cross Alert Stochastic Cross Alert

How to Instal “Stochastic Cross Alert” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “Stochastic Cross Alert” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “Stochastic Cross Alert” indicator into this folder.
  6. Restart Metatrader 4.
  7. “Stochastic Cross Alert” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “Stochastic Cross Alert” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic Cross Alert”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download Stochastic Cross Alert indicator for Metatrader 4

FileName: Stochastic Cross Alert.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part6mt4

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File size: 22.1 kb
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Stochastic of Adaptive Smoother

Stochastic of Adaptive Smoother Metatrader 5 Stochastic of Adaptive Smoother Metatrader 5
Stochastic of Adaptive Smoother Metatrader 5 Stochastic of Adaptive Smoother Metatrader 5

How To Install Metatrader 5 Stochastic of Adaptive Smoother indicator

  1. Download and save the “Stochastic of Adaptive Smoother indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Stochastic of Adaptive Smoother indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic of Adaptive Smoother” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Stochastic of Adaptive Smoother indicator for Metatrader 5

FileName: Stochastic of Adaptive Smoother.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part2mt5

Download the file…▼

File size:46.6 kb
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Stochastic with Shade

Stochastic with Shade indicator metatrader 4 Stochastic with Shade indicator metatrader 4
Stochastic with Shade indicator metatrader 4 Stochastic with Shade indicator metatrader 4

How to Instal “Stochastic with Shade” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “Stochastic with Shade” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “Stochastic with Shade” indicator into this folder.
  6. Restart Metatrader 4.
  7. “Stochastic with Shade” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “Stochastic with Shade” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic with Shade”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download Stochastic with Shade indicator for Metatrader 4

FileName: Stochastic with Shade.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part5mt4

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File size: 24.5 kb
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Stochastic on Chart

Stochastic on Chart indicator metatrader 4 Stochastic on Chart indicator metatrader 4
Stochastic on Chart indicator metatrader 4 Stochastic on Chart indicator metatrader 4

How to Instal “Stochastic on Chart” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “Stochastic on Chart” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “Stochastic on Chart” indicator into this folder.
  6. Restart Metatrader 4.
  7. “Stochastic on Chart” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “Stochastic on Chart” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic on Chart”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download Stochastic on Chart indicator for Metatrader 4

FileName: Stochastic on Chart.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part5mt4

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File size: 49.6 kb
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Modified StdDev

Modified StdDev Metatrader 5 Modified StdDev Metatrader 5
Modified StdDev Metatrader 5 Modified StdDev Metatrader 5

How To Install Metatrader 5 Modified StdDev indicator

  1. Download and save the “Modified StdDev indicator” to your desktop or any other folder located on your computer.
  2. Open your Metatrader 5 platform.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 5 platform.
  4. Explore the following folder: MQL5 > Indicators.
  5. Copy and paste the “Modified StdDev indicator” into this folder.
    Tip: Create subfolders inside the main MT5 Indicators folder to help keep your indicators better organized.
  6. Restart your Metatrader 5.
  7. MT5 custom indicators are stored by default in the custom indicator folder.
    To access these indicators, go to Top Menu > Insert > Indicators > Custom
  8. In order to add a custom indicator to any of your Metatrader 5 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Modified StdDev” indicator.
  9. Done!

See a complete guide How To Install Metatrader 5 Custom Indicators

Free Download Modified StdDev indicator for Metatrader 5

FileName: Modified StdDev.zip
FileType: .mql5 / .ex5 / .zip
Permissions: View & Download
Dir.: part2mt5

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File size:44.8 kb
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Stochbars

Stochbars indicator metatrader 4 Stochbars indicator metatrader 4
Stochbars indicator metatrader 4 Stochbars indicator metatrader 4

How to Instal “StochBars” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “StochBars” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “StochBars” indicator into this folder.
  6. Restart Metatrader 4.
  7. “StochBars” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “StochBars” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “StochBars”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download StochBars indicator for Metatrader 4

FileName: StochBars.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part4mt4

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File size: 19.4 kb
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Stochastic Divergence

Stochastic Divergence indicator metatrader 4 Stochastic Divergence indicator metatrader 4
Stochastic Divergence indicator metatrader 4 Stochastic Divergence indicator metatrader 4

How to Instal “Stochastic Divergence” Indicator for Metatrader 4

  1. Open your Metatrader 4 platform.
  2. Download and save the “Stochastic Divergence” indicator to your desktop or any other folder located on your local computer.
  3. Choose “File” then “Open Data Folder” (Ctrl + Shift + D) on your Metatrader 4 platform.
  4. Explore the following folder: MQL4 > Indicators.
  5. Copy and paste the “Stochastic Divergence” indicator into this folder.
  6. Restart Metatrader 4.
  7. “Stochastic Divergence” indicators are stored by default in the custom indicator folder.
  8. To access these indicators, go to Top Menu > Insert > Indicators > Custom.
  9. In order to add a “Stochastic Divergence” indicator to any of your Metatrader 4 charts, you will need to select a forex chart with one mouse click, then go to Top Menu > Insert > Indicators > Custom > click the “Stochastic Divergence”.
  10. Done!

See a complete guide How To Install Metatrader 4 Custom Indicators

Free Download Stochastic Divergence indicator for Metatrader 4

FileName: Stochastic Divergence.zip
FileType: .mql4 / .ex4 / .zip
Permissions: View & Download
Dir.: part4mt4

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File size: 25.2 kb
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