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Advance Stoch Trend Colored

The principle of this indicator is very simple: detecting the trend with Moving Average, then monitoring the return point of a chart by using the crossing of Stochastic Oscillator and finally predicting BUY and SELL signals with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each timeframe.

Example:

  • If you install indicator on EURUSD M5: the indicator will detect the main trend with the Moving Average on this timeframe (for example, the Moving Average indicates the "up trend")
  • If the indicator detects the "up trend", it will monitor for Stochastic Oscillator to show "cross up" of the main line/signal line below position the lower 20 level for reversal trend, or between 80-20 position level for follow trend
  • Finally, the indicator will show an "up arrow" in the chart window and send alert message with notification, such as "BUY EURUSD"
  • If the indicator detects opposite conditions of above, it will show the opposite result.


Installation

  • Attach this indicator to the chart window of currency pairs
  • The recommended currencies are EURUSD, GBPUSD, USDJPY, EURJPY, GBPJPY, USDCHF, GBPCHF and XAUUSD
  • The recommended timeframes are M1, M5, M15, M30, H1, H4 and D1


Parameters

  • Trend Period1: 3 – amount of candlesticks on the current trend period
  • Trend Period2: 17 - amount of candlesticks on the current trend period
  • Stoch_K_Period: 5 - Stochastic setting. Period for calculating the Stochastic %K line.
  • Stoch_D_Period: 3 - Stochastic setting. Averaging period for calculating the %D line.
  • Slowing: 3 - Stochastic setting. Slowing value.
  • Fast_SMA_Period: 2 - SMA period.
  • Slow_SSMA_Period: 3 - SSMA period.
  • Audible_Alerts: enable/disable audible alerts.
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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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Entdecken Sie das Geheimnis des erfolgreichen Forex -Handels mit unserem benutzerdefinierten MT4 -Indikator! Haben Sie sich jemals gefragt, wie Sie Erfolg auf dem Forex -Markt erzielen können und gleichzeitig Gewinne erzielen und gleichzeitig das Risiko minimieren können? Hier ist die Antwort, nach der Sie gesucht haben! Erlauben Sie uns, unseren proprietären MT4 -Indikator vorzustellen, der Ihren Handelsansatz revolutionieren wird. Einzigartige Vielseitigkeit Unser Indikator ist speziell
(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
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Dieser Indikator erkennt harmonische Muster, die manuell oder automatisch auf dem Chart gezeichnet wurden. Sie können das Benutzerhandbuch unter diesem Link einsehen: Fügen Sie Ihre Bewertung hinzu und kontaktieren Sie uns, um es zu erhalten. Es gibt eine kostenlose Version, um dieses Produkt auf MT4 auszuprobieren. Sie können es verwenden, um Gartley- und Nenstar-Muster zu erkennen: https://www.mql5.com/en/market/product/30181 Sie können die vollständige MT4-Version von kaufen: https://www.mql5
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