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Advanced Stochastic Scalper MT5

4.25

Advanced Stochastic Scalper MT5 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 4 terminal : https://www.mql5.com/en/market/product/28824


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 MT5

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 13
y728115
244
y728115 2022.05.21 14:25 
 

Thank you very much.

Achmad Madichun
34
Achmad Madichun 2021.03.07 22:46 
 

good

Tistou
85
Tistou 2021.03.01 20:37 
 

very good indicator, it facilitates the readability of the graph with the arrows and alerts the signals. Evgeny listens to these customers. I had a display problem and it fixed it very quickly. Thank you

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MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
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y728115
244
y728115 2022.05.21 14:25 
 

Thank you very much.

Jose García
155
Jose García 2021.05.05 16:50 
 

too late signals when you see the alert emited for the indicator, the good entry point has already passed, so this is recommendable to confirm

Achmad Madichun
34
Achmad Madichun 2021.03.07 22:46 
 

good

Tistou
85
Tistou 2021.03.01 20:37 
 

very good indicator, it facilitates the readability of the graph with the arrows and alerts the signals. Evgeny listens to these customers. I had a display problem and it fixed it very quickly. Thank you

Janosik84
105
Janosik84 2021.01.29 14:45 
 

The owner of the program corrected my settings and helped me. It's better now. I test and observe. best regards

Mohamed Alaa Mekki
2108
Mohamed Alaa Mekki 2020.05.06 00:20 
 

User didn't leave any comment to the rating

seryisvg
19
seryisvg 2020.03.09 06:57 
 

Не работает

TomiFkg
173
TomiFkg 2020.01.16 15:50 
 

User didn't leave any comment to the rating

Detleff Böhmer
1672
Detleff Böhmer 2019.10.23 08:21 
 

Danke für die Arbeit, liefert sehr gute Signale

Mathias F
304
Mathias F 2019.05.22 15:51 
 

A very good job Evgeny ! the best indicator so far !

Sam N.
176
Sam N. 2019.03.05 18:12 
 

Signals are good on higher time frame combined with other indicators could be very successful. Works as advertised. Clean, no errors.

goodmamba
34
goodmamba 2019.02.19 23:16 
 

Easy to use. Excellent indicator.

I bought many indicator & EA. This one is BEST & EXCELLENT result.

Murilo Paes
253
Murilo Paes 2019.02.11 22:22 
 

How much does an Expert based on this indicator cost? Sorry, my english is terrible

Reply to review
Version 4.0 2021.03.03
Version 4.0 optimization for new builds.
Fixed a bug when changing the symbol or timeframe.