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Advanced Stochastic Scalper

4.61

Advanced Stochastic Scalper - is a professional indicator based on the popular Stochastic Oscillator.

Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market.

When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time.

Advanced Stochastic Scalper is perfect for trading currencies (including cryptocurrencies) and binary options.

Advanced Stochastic Scalper  for the MetaTrader 5 terminal : https://www.mql5.com/en/market/product/30312


Advantages of Advanced Stochastic Scalper

  • The indicator is suitable for scalping and intraday trading.
  • It is possible to evaluate the effectiveness of the indicator on history.
  • The indicator does not redraw (recalculate), signals are generated strictly on the "Close of the bar".
  • It can be used as a standalone tool or together with other indicators.
  • System of notifications to email and mobile device on new indicator signals.
  • Ability to customize the color scheme of the indicator.


Recommendations on using Advanced Stochastic Scalper

Buy signal: the indicator line crossing the oversold level upwards. If there are open sell positions, they should be closed. See screenshot #2.

Sell signal: the indicator line crossing the overbought level downwards. If there are open buy positions, they should be closed. See screenshot #3.

There may be situations with several consecutive signals in the same direction. In this case, open an additional position in the same direction without closing the previous one. See screenshot #4.

Several positions are to be closed only when an opposite signal appears.


Indicator Parameters

  • K - Stochastic setting. Period for calculating the Stochastic %K line.
  • D - Stochastic setting. Averaging period for calculating the %D line.
  • Slowing - Stochastic setting. Slowing value.
  • Method - moving average calculation method. The following options are available: 1-Simple, 2-Exponential, 3-Smoothed, 4-Linear Weighted.
  • Line Mode – line to be used to plot the indicator: MAIN or SIGNAL.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.
  • Arrow size - size of arrows on the chart (1 to 7).
  • Buy - color of buy arrows.
  • Sell - color of sell arrows.


Reviews 20
elite luis
3122
elite luis 2023.04.01 05:13 
 

to catch the top and bottom we need many arrow and so call "false" signal, so you need to know how to use it, I rate 5 stars for those who appreciate "false signal", if there are not too many arrow then signal will be late, so you need to know how to use and balance between multiple indicators, there is no single indicator that is holy grail, this is a 5 stars indicator for those who know how to use it, Thanks again Author for the Advanced Stochastic, I like it! :)

quantum_wg
262
quantum_wg 2022.09.12 14:55 
 

Dear Sirs, I just buy this product. Can you supply optimum setfiles for currency pairs, index/US30 and XAU, Thanks!

Lmac68
57
Lmac68 2022.07.12 14:09 
 

Wow. All I can say. It gives me confirmation of my trading plan even when I think the signal is too early. Two trades a day is all I need and use. Love it.

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5 (9)
ICT Silver Bullet If you are searching for a reliable indicator to trade the ICT Silver Bullet concept, or ICT concepts, Smart Money Concepts, or SMC, this indicator will respond to your need!  This indicator will help you identify the following: FVG - fair value gaps Market structure: BOS and CHOCH. It is based on ZIGZAG as it is the most subjective way to do it. ICT Silver Bullet windows and related notifications when it starts and when an FVG appears  Swing High and low that are potential b
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Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat. Period M1 to D1. Trending currency pairs: GBPUSD, EURUSD, AUDUSD. Signals for Position Opening: Open Buy when the indicator is blue. Open Sel
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Filter:
elite luis
3122
elite luis 2023.04.01 05:13 
 

to catch the top and bottom we need many arrow and so call "false" signal, so you need to know how to use it, I rate 5 stars for those who appreciate "false signal", if there are not too many arrow then signal will be late, so you need to know how to use and balance between multiple indicators, there is no single indicator that is holy grail, this is a 5 stars indicator for those who know how to use it, Thanks again Author for the Advanced Stochastic, I like it! :)

ROBERT EDWARD BIRD
1762
ROBERT EDWARD BIRD 2022.12.29 01:40 
 

This offers waaaay too many false signals. This needs to be used in conjunction with other indicators to confirm trades. Unfortunately, I can\t recommend this indicator as a quality purchase that will add value to your trades.

quantum_wg
262
quantum_wg 2022.09.12 14:55 
 

Dear Sirs, I just buy this product. Can you supply optimum setfiles for currency pairs, index/US30 and XAU, Thanks!

Lmac68
57
Lmac68 2022.07.12 14:09 
 

Wow. All I can say. It gives me confirmation of my trading plan even when I think the signal is too early. Two trades a day is all I need and use. Love it.

shams201
94
shams201 2022.06.19 22:06 
 

Good indicator Thank you

Willian Belizario
197
Willian Belizario 2021.04.15 22:43 
 

Um indicador incrível, se você souber como usá-lo.

Mehmet Kızılcık
378
Mehmet Kızılcık 2021.03.15 21:49 
 

too many false signals

turky7713
466
turky7713 2021.02.03 23:09 
 

Rent Stochastic Scalper Advanced for one month

sphomin99
64
sphomin99 2019.09.05 22:43 
 

User didn't leave any comment to the rating

audibest
54
audibest 2019.06.16 01:59 
 

User didn't leave any comment to the rating

Rafael Cadosch
708
Rafael Cadosch 2019.03.11 00:12 
 

I will say without a doubt its the best Stochastic indicator I have experienced in live trading. I use in good trends and gives me top and bottoms in a very accurate way!

trailingedge
227
trailingedge 2019.01.09 21:43 
 

Brilliant !

David Rand
147
David Rand 2018.11.20 17:42 
 

I like it ..but there needs to be a way to filter out some of those really bad signals when the trade is trending up and its giving many sell signals. Other than only trading int he way of the EMA's... any other suggestions? I want to incorporate this into an EA. Anyone interested in working on it with me?

tonyforex
272
tonyforex 2018.10.01 13:29 
 

Very good

Lorraine Pierce
6224
Lorraine Pierce 2018.07.10 02:56 
 

Really good indicator. I use this in conjunction with TDI and only take signals that also have a TDI crossover. Have been about 90% accurate on M15 :)

Muhammet Simsek
926
Muhammet Simsek 2018.07.02 08:58 
 

Very good

Morard Kevin
1506
Morard Kevin 2018.06.18 18:15 
 

Very good

Marzipano
630
Marzipano 2018.05.28 14:17 
 

I like it...

DTChrisLP
1099
DTChrisLP 2018.05.24 18:42 
 

Very good indicator!!!

amfels07
493
amfels07 2018.05.20 21:58 
 

Great product without a doubt......... A+++

12
Reply to review
Version 4.0 2018.08.16
Оптимизированы расчеты.