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Advanced Stochastic Scalper MT5

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.

The version for MetaTrader 4 can be downloaded here: 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.

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

Reviews 7
Detleff Böhmer
1179
Detleff Böhmer 2019.10.23 08:21 
 

Danke für die Arbeit, liefert sehr gute Signale

Mathias Funk
277
Mathias Funk 2019.05.22 15:51 
 

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

Sam N.
226
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.

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The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access ► www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
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Advanced Currency Impulse with Alert MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here Built on new underlying algorithms it makes it even easier to identif
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Quantum Currency Heatmap Indicator for MT5
QUANTUM TRADING SOFTWARE LIMITED
Trading the currency markets is a complex business, not least since we are dealing with pairs of currencies, and by inference, pairs of economies. All economies around the world are interlinked, and reflected in the constant ebb and flow of currency strength and weakness. The problem for us as traders is monitoring so many pairs simultaneously, since every pair does not move independently, but reflects the interrelated nature of this market. The Quantum Currency Heatmap delivers the informatio
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GOAT Price Movers MT5
Nofi Sapitri
THE GOAT INDICATOR ON THE MQL5 MARKET!  ⭐⭐⭐⭐⭐ ⭐️ GET THIS INDICATOR AND STOP LOOKING FOR ANOTHER INDICATOR ⭐️ ⭐️   GET IT NOW BEFORE PRICE INCREASE! ⭐️   SPECIAL DISCOUNT FROM 138$   ->   NOW ONLY 88$!!! 2020 Breakthrough Indicator! 🔥 Imagine that indicators can move the price/market!  This indicator use for predict price movement! Using special algorithm for predicting the next price movement! This indicator can be used in any timeframes and any symbols! You can use it for binary option signal
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TrendMagiX PRO MT5
Radek Reznicek
Un ique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor. + ALL the features of standard TrendMagiX indicator:  https://www.mql5.com/en/market/product/45326 Impor
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AW Trend Predictor MT5
Alexander Nechaev
The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history.  The indicator calculates Take Profit and Stop Loss marks. Important information:  To use the full potential of the indicator, we strongly recommend that you
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LT Exaustion Oscillator
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As it name implies, this is an exaustion oscillator. However, you may wonder: what differs you from others oscillators like RSI, Stochastic, CCI etc? The difference is that ours is more powerful and accurate ! Your oscillator filters the nois e made by other oscillators, and shows you only the exact moment to enter the trade. Of course, using it alone, like any other indicator, has its risks. Ideally, reconcile it with technical analysis and/or others indicators. Signals emitter for paid version
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Volatility Pro
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Prestige
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Filter:
goodmamba
34
goodmamba 2019.02.19 23:16 
 

Easy to use. Excellent indicator.

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

Sam N.
226
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.

Mathias Funk
277
Mathias Funk 2019.05.22 15:51 
 

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

Detleff Böhmer
1179
Detleff Böhmer 2019.10.23 08:21 
 

Danke für die Arbeit, liefert sehr gute Signale

TomiFkg
175
TomiFkg 2020.01.16 15:50 
 

User didn't leave any comment to the rating

seryisvg
19
seryisvg 2020.03.09 06:57 
 

Не работает

Mohamed Alaa Mekki
1122
Mohamed Alaa Mekki 2020.05.06 00:20 
 

User didn't leave any comment to the rating

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