Multi TimeFrames Stochastic Signals

This indicator is based on the Stochastic on one or more timeframes and on any Currency Cross Pair.

The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, yellow if flat.

Alert messages and Vertical bars for BUY or SELL, are generated when the Stochastic is consistent for all chosen timeframes else a FLAT signal is generated.


Features

Easy flexible settings:

  • Detection of the Stochastic signal for one or more timeframes
  • Setting levels of Stochastic

Good results are obtained with default parameters.

For example: you attach the indicator to a chart with H1, set the Active_Stochastic_for_H1 to "true" and the Active_Stochastic_for_H4 to "true" (standard setting).

The standard settings of the Stochastic parameters are:

  • KPeriod=5
  • DPeriod=3
  • Slowing=3

However you can set the “Active_Stochastic “ parameters as you want (example: only H1, or M5 and H1, etc.). And so also for the Stochastic parameters.


Parameters

Stochastic Monitoring Timeframe Activation

  • Active_Stochastic_for_M1 - true/false.
  • Active_Stochastic_for_M5 - true/false.
  • Active_Stochastic_for_M15 - true/false.
  • Active_Stochastic_for_M30 - true/false.
  • Active_Stochastic_for_H1 - true/false.
  • Active_Stochastic_for_H4 - true/false.
  • Active_Stochastic_for_D1 - true/false.
  • Active_Stochastic_for_W1 - true/false.
  • Active_Stochastic_for_MN1 - true/false.

Stochastic Parameters Setting

  • Stochastic_KPeriod - period for calculating Stochastic %K line.
  • Stochastic_DPeriod - period of averaging for calculating the %D line.
  • Stochastic_Slowing - value of slowing.


Note

In the Screenshots of examples, the Stochastic oscillator that appears in separate windows is not the work of "MTF_Stochastic_Signals".

You can see it if you use the standard MT4 oscillator or other free program (example #MTF Stochastic 2.0).

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Indicators
Scalping Points Pro is an indicator that shows possible price reversal points on the chart and does not redraw its signals. Also, the indicator sends signals to the trader via Email and Push. The accuracy of the signals of this indicator is approximately 92-94% on the M5 timeframe and more than 95% on the H1 timeframe. Thus, this indicator allows the trader to accurately open trades and predict further price movement. The indicator does not redraw its signals.  The indicator works on timeframe
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Indicators
Boost your trading precision with the versatile wedges tool The PZ Wedges Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as wedges, are formed when the price of an asset consolidates within a narrowing range, bounded by upward or downward converging trendlines. Wedges are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a wedge pattern
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Matrix Arrow Indicator MT4  is a unique 10 in 1 trend following 100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Avera
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