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Advanced Stochastic Scalper Free

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

This product 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 Free 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 Free is a demo version that can be only run on USDCAD. Unlimited version can be purchased here:

https://www.mql5.com/en/market/product/28824


Advantages of the indicator

  • 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 Free

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.

If you have any questions or suggestions, you can contact me via Profile: https://www.mql5.com/en/users/genino

Reviews 13
Fitziar
123
Fitziar 2021.02.12 12:46 
 

يعمل بشكل جيد

tahfurman
14
tahfurman 2019.08.09 17:10 
 

An interesting implementation of the stochastic oscillator. )))

Good signals on USDCAD.

I'm going to buy a paid version.

safianlando
14
safianlando 2019.04.04 19:01 
 

5+

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TickUnit Scalper Currency Strength28 PRO
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Bernhard Schweigert
CURRENTLY 26% OFF !!   This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 and Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer.  With only ONE
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Lighthouse
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FX Trend
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Bermaui Pin Bars
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Muhammad Elbermawi
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Advanced Dashboard for Currency Strength and Speed
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Evgeny Belyaev
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Exclusive Average
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Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Exclusive Average is another product of the Exclusive series: Exclusive Oscillator , Exclusive Stairs , Exclusive Trendline , Exclusive Arrow , Exclusive Scalper , Exclusive Trend . Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicato
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Volumes Alert Push Mail
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Evgeny Belyaev
The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting acc
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EW oscillator
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Evgeny Belyaev
The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level
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Eldorado MT4
Eldorado MT4
Evgeny Belyaev
Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
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List swap MT4
List swap MT4
Evgeny Belyaev
The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
16 USD
Filter:
adnanadnan
679
adnanadnan 2021.04.10 15:11 
 

deleted

Fitziar
123
Fitziar 2021.02.12 12:46 
 

يعمل بشكل جيد

waryaa
158
waryaa 2021.02.05 21:44 
 

It works on USD/CAD. I'll try it now but which is the best time frame?

tahfurman
14
tahfurman 2019.08.09 17:10 
 

An interesting implementation of the stochastic oscillator. )))

Good signals on USDCAD.

I'm going to buy a paid version.

philippe germain
2428
philippe germain 2019.07.28 22:22 
 

Not too bad.

Useful to help to read stochastic

safianlando
14
safianlando 2019.04.04 19:01 
 

5+

sunnychow
8699
sunnychow 2018.11.05 18:30 
 

Thanks for share.

Tim Eubanks
5542
Tim Eubanks 2018.07.14 16:53 
 

Definitely not a stand alone indicator, needs work!

Matthew Todorovski
13305
Matthew Todorovski 2018.06.30 13:20 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Aleksandr Tamonin
4038
Aleksandr Tamonin 2018.05.28 17:32 
 

Хороший индикатор.

Evgeniy Machok
596052
Evgeniy Machok 2018.05.28 16:37 
 

Отличный индикатор.

amfels07
493
amfels07 2018.05.16 15:24 
 

Great work and thank you for sharing..........will definitely purchase the full version this weekend............thanks

sanders sanders
52
sanders sanders 2018.04.24 18:58 
 

Excellent indicator for Forex trading. I will buy a paid version.

Reply to review
Version 9.0 2019.10.02
New version.
Version 8.0 2019.08.09
New version 8.0 : fixed incorrect work on symbols with prefixes.
Version 7.0 2019.04.03
Reduced loading time of the indicator with a large number of bars.
Version 6.0 2019.02.26
fixed a bug
Version 5.0 2019.01.13
New version: fixed bug with alert.
Version 4.0 2018.08.21
Optimized calculations.